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 […]

Read More

Latest

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 […]

Read More
Articles
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 […]

Read More
Articles
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 […]

Read More
Articles
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 […]

Read More
Articles
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 […]

Read More

Latest

sustainable building practices
Galvanized Steel Leads the Way in Sustainable Building Practices From Cost Savings to Environmental Benefits
April 22, 2024

As the construction industry navigates the complexities of sustainability and economic pressures, the role of galvanized steel has become increasingly pertinent in sustainable architecture. This material, celebrated for its durability and low environmental impact, is gaining attention amid global steel market fluctuations and rising demands for sustainable building practices. With significant shifts in manufacturing […]

Read More
Edge AI
The Winning Combination in Edge AI is Combining Cutting-Edge Hardware with Smart Software
April 22, 2024

As the world heads towards a technology-driven future, the integration of AI and edge computing is proving to be a game changer, particularly in the realm of IoT. These innovations are making it possible to process and analyze data where it’s collected, drastically reducing latency and enhancing real-time decision-making capabilities. The burgeoning field of […]

Read More
cloud environments
Rethink Everything: Modern Cloud Environments Demand a Fusion of New Security Architectures, Continuous Education and Educated Partnerships
April 22, 2024

As businesses increasingly transition to cloud environments, the conversation around cybersecurity has become more crucial. The shift from on-premise to cloud-based infrastructures offers notable benefits like scalability and cost savings, yet it introduces unique challenges and complexities in security management. The stakes are high, with a significant rise in cyber threats exploiting the vulnerabilities […]

Read More
Bullying, Suicide, and Society The Unseen Crisis in K-12 Education
April 22, 2024

In a recent episode of the Secured podcast hosted by Mike Matranga and Mike Monsive of ASAP Security Services, the tragic case of a transgender student named Nicks Benedict from Oklahoma grabbed national attention. Benedict, a 16-year-old who identified with he and they pronouns, died by suicide after a bullying incident at school. The […]

Read More