Articles by tag: CPI

June Consumer Price Index is a Good Sign, But If Inflation Stops Trending Down More Interest Rate Hikes Are On The Way

consumer price index

In the chaotic landscape of the global economy, the recent Consumer Price Index (CPI) reports have offered a small glimmer of hope. Data suggests that the stringent measures taken to combat the inflationary highs of 2022, which peaked at 9.1%, are beginning to bear fruit. Inflation in the United States eased to a multiyear low…

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Architecture & Design
The Latest CPI Report Shows Housing Costs Are Keeping Inflation From Cooling Down.

The latest CPI (Consumer Price Index) numbers are in — and while consumer price inflation saw a 0.4% drop from 6.4% in January to 6% in February, core prices increased 0.5% from the previous month. The good news? The CPI report show consumer price inflation is down from its peak in June 2022 when…

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The Inflation Train Slows Overall But Gains Renewed Month-to-Month Steam. What Does This Mean for Businesses?

Gauging the consequences and status of persisting inflation can be a slippery endeavor, as most inflation news usually carries good and bad elements. Based on the most recent inflation update, the February CPI report, inflation seems to be meagerly slowing down; consumer prices have risen 6% since last February, down from the 6.4% YoY increase…

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US Inflation: A Cooling Trend Puts the Fed on Track to Downshift

(Bloomberg) –US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes. The overall consumer price index fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years, according to…

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As Goldman Sachs Predicts Deflation, Labor Market Remains “Most Forward-Looking” Inflation Indicator

Deflation is finally in the air. Firms like Goldman Sachs are expecting a drastic decline in U.S. inflation in 2023, estimating personal consumption expenditure (PCE) figures as low as 2.9% by December 2023, compared to the current measure of 5.1%. This comes in the wake of the CPI growing at slower rate than anticipated, clocking…

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Why July’s Consumer Price Inflation is Forcing Businesses to Reckon with Hiring Strategies

After weeks dotted with interest rate hikes, mortgage rate oscillation, and dropping energy prices, U.S. businesses and consumers finally got a fresh look at the nation’s inflationary climate and whether or not monetary policy is having its intended effects. On August 10, the Bureau of Labor Statistics released the most recent consumer price index for…

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shure
New Arrival: Shure Wireless Push-to-Talk Systems at Rentex!
June 19, 2024

Rentex has just received more Shure Microflex MXCW Wireless Push-to-Talk Digital Conference Systems. Each system has been labeled, quality checked, and scanned into our inventory, ready for your next event. These systems offer automatic interference detection, robust encryption, and support for up to 125 participants, ensuring reliable and secure communication. Explore all our conference solutions…

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roe led
Showcasing Our Top-Quality ROE LED Panels at Rentex!
June 19, 2024

Rentex highlights a major ROE LED order heading out the door, featuring the BP 2 2.84mm Indoor LED tile with Brompton processing for superior image quality. This video showcases the cases and a quick glimpse of the scanning process, demonstrating Rentex’s commitment to top-tier AV equipment. Discover all LED options available at Rentex by visiting…

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fall
Rentex Team in Action: Loading a Big Fall Order!
June 19, 2024

The Rentex team efficiently loads a major order in preparation for the busy fall season. This video showcases the team’s dedication and coordination as they handle high-quality AV equipment. With an extensive inventory and a focus on exceptional service, Rentex is ready to meet all client needs this fall. Watch the team in action and…

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fall
Rentex Kicks Off Fall with a Major Order!
June 19, 2024

Rentex celebrates its first large order for the fall season, showcasing the extensive capabilities and inventory ready to meet client demands. This milestone underscores Rentex’s commitment to providing top-quality AV equipment and exceptional service. With a growing inventory and a dedicated team, Rentex is prepared for a busy and successful fall season. Trust Rentex for…

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