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Headline inflation is the raw inflation figure reported through the Consumer Price

Index (CPI) that is released monthly by the Bureau of Labor Statistics (BLS). The

calculates the cost to purchase a fixed basket of goods to determine how much inflation

is occurring in the broad economy.

How is inflation caused?

More jobs and higher wages increase household incomes and lead to a rise in consumer

spending, further increasing aggregate demand and the scope for firms to increase

the prices of their goods and services. When this happens across a large number of

businesses and sectors, this leads to an increase in inflatio

What is a core PCE? THIS IS WHAT THE FEDERAL RESERVE IS MOST CONCERNED ABOUT

AND BECAUSE IT IS HIGH, ANOTHER RATE INCREASE PROBALY COME JUNE OF 2023.

The Core Personal Consumption Expenditure (PCE) Price Index measures the changes

in the price of goods and services purchased by consumers for the purpose of

consumption, excluding food and energy.
_______________DO YOU BELEIVE THE COST OF LIVING GOING UP OR DOWN???______________
!!!!!PLEASE TAKE A MONMENT AND WRITE A SHORT COMMENT BELOW!!!!!!

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5.44%

6 Month Treasury Rate is at 5.44%, compared to 5.46% the previous market day and

1.52% last year. This is higher than the long term average of 2.76%. The 6 Month

Treasury Bill Rate is the yield received for investing in a US government issued

treasury security that has a maturity of 6 months.5/27/2023

Even though the inflation rate in the United States is expected to remain

steady,the rate of inflation, the cost of living continue to go higher and

higher. An additional 50 bps by the Federal Reserve at the June Meeting will

will be necessary just to keep inflation from going higher. 75 bps would drive

inflation down at a steady but not reckless pace.

The annual inflation rate in the US is expected to remain steady at 5% in April 2023,

the lowest since May 2021, but still much above the 2.1% average reported from 2000 to

2020. On a monthly basis, the CPI is projected to increase by 0.4%, significantly

higher than the 0.1% rise observed in March.

United States Inflation Rate – April 2023 Data – May Forecast

Trading Economics
https://tradingeconomics.com › United States

What is the price inflation rate in 2023?

Inflation breakdown for April 2023 in one chart

The consumer price index rose 4.9% in April 2023, the smallest increase in two years,

the U.S. Bureau of Labor Statistics said Wednesday in a monthly inflation report.

Inflation readings have weakened for 10 consecutive months, from its peak in June 2022.May
10, 2023

Inflation breakdown for April 2023 in one chart – CNBC

CNBC
https://www.cnbc.com › 2023/05/10 › april-2023-cpi-i

What is the predicted inflation rate for 2023 and 2024?

Global inflation is expected to fall from 8.8 percent in 2022 to 6.6 percent in 2023

and 4.3 percent in 2024, still above pre-pandemic (2017–19) levels of about 3.5 percent.

Jan 30, 2023

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https://www.dallasfed.org › media › documents

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