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mahatmakanejeeves

(60,964 posts)
Tue Mar 14, 2023, 07:23 AM Mar 2023

Inflation: February CPI expected to show slowest annual rise since September 2021

My goodness. Yahoo Finance has another Alexandra writing for them.

Alexandra Semenova
Reporter
Alexandra is a reporter at Yahoo Finance covering markets and Wall Street. Previously, she covered institutional investment for MandateWire, a subsidiary of the Financial Times. She also wrote for Bloomberg News, where she reported on U.S. automakers, as well as agriculture and commodities. Alexandra holds a master's degree in business journalism from the Craig Newmark Graduate School of Journalism at CUNY.

Alexandra Canal
Senior Reporter
Alexandra Canal is a Senior Reporter at Yahoo Finance, covering the latest happenings in Hollywood, media, celebrity money moves, and fast food ventures. Alexandra joined Yahoo Finance in 2018 and has a passion for helping new investors more easily understand the first steps in securing their financial freedom. Besides the markets and investing, Alexandra is focused on the entertainment industry as well as the business of food, glorious food. She has interviewed A-list celebrities from Grammy winners Jennifer Hudson and Questlove to TV powerhouses like "This is Us'" Justin Hartley, "Succession's" Alan Ruck and "iCarly's" Miranda Cosgrove. Alexandra, who also has extensive experience behind the camera as a live show production manager, graduated magna cum laude from Georgetown University.

Yahoo Finance

Inflation: February CPI expected to show slowest annual rise since September 2021

Alexandra Canal · Senior Reporter
Tue, March 14, 2023 at 6:51 AM EDT · 2 min read

February inflation data is expected to show a continued modest slowdown in consumer prices as investors weigh the latest report against the backdrop of the stunning collapse of Silicon Valley Bank last week.

The closely-watched Consumer Price Index (CPI), set for release at 8:30 a.m. ET Tuesday morning, is expected to show consumer prices cooled slightly last month, with headline inflation forecast to rise 6% over the prior year, a slowdown from January's 6.4% annual gain, according to estimates from Bloomberg.

A 6% increase would mark the slowest annual increase in consumer prices since September 2021.

"Core" inflation, which strips out the more volatile costs of food and energy, is forecast to rise 5.5% over last year and 0.4% over the prior month in February, marking a more modest slowdown than the headline figures are expected to show.

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Inflation: February CPI expected to show slowest annual rise since September 2021 (Original Post) mahatmakanejeeves Mar 2023 OP
All I know is BillyBobBrilliant Mar 2023 #1
I think inflation is rewarming and its above 2X the Fed target. Sorry I can't join the bubbly boo progree Mar 2023 #2

BillyBobBrilliant

(805 posts)
1. All I know is
Tue Mar 14, 2023, 11:04 AM
Mar 2023

That I went grocery shopping and the price for eggs was down $3/18 and a half gallon of milk was down $1.

progree

(11,463 posts)
2. I think inflation is rewarming and its above 2X the Fed target. Sorry I can't join the bubbly boo
Tue Mar 14, 2023, 06:39 PM
Mar 2023

brigade. I just can't. I really wish I could but I can't. 2 months ago I was yammering about inflation is cooling. Then after the January reports, I said umm, its like stalled at 4.5% or more. Well after today's report, I'm saying its more than stalled, its tilting up. I dont' give a fat fuck what the 12 month rolling average is doing by the way -- the below link gets into that

https://www.democraticunderground.com/10143045881#post6

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