CPI Watchtower

September 2024: Inflation Continues The Consumer Price Index (CPI) for September 2024 came in at 314.686, marking a slight increase from the previous month. While this might raise concerns about inflation, it's important to consider the broader context. Key Takeaways: Mild Month-Over-Month Increase: The September CPI rose modestly compared to August, indicating that inflation pressures are gradually easing. Year-Over-Year Moderation: While the month-over-month increase is notable, the year-over-year inflation rate has been steadily declining. This suggests that the overall trend is towards price stability. Core Inflation Remains Tamed: The core CPI, which excludes volatile food and energy prices, also showed a moderate increase. This is a positive sign as it indicates that underlying inflationary pressures are not escalating. Impact on Interest Rates: The Federal Reserve closely monitors CPI data to inform its monetary policy decisions. A continued downward trend in inflation ...

  Consumer Sentiment Remains Stable in August The latest release of the Consumer Sentiment Index (CSI) for August 2024 has landed at 67.9. This is up from July's number of 66.4, indicating that consumers are feeling slightly more confident about the economy. The rise in the CSI in August is encouraging, as it suggests that consumers are starting to feel more optimistic about the future. However, there are still some concerns about the economy, as the CSI remains below its historical average. It is important to monitor the CSI in the coming months to see if the improvement in consumer sentiment continues. If consumers become more confident about the economy, it could lead to increased spending and boost economic growth. Here are some of the key takeaways from the August CSI report: Consumers are feeling slightly more confident about the economy than they were in July. The CSI remains below its historical average. It is important to monitor the CSI...