When Is The Next Cpi Report In May 2024. Currently, one or two rate cuts are expected. As for the next cpi report, the may inflation figures are slated for release by the bls on june 12 at 8:30 am eastern time.
If may’s core monthly cpi inflation is at 0.3%, that could keep the fomc on course for at least one interest rate cut in 2024. The upcoming release of the consumer price index (cpi) data for april 2024 is expected to show continued higher inflation levels, which may lead the federal reserve to hold off on interest rate cuts until july or later.
May 15, 2024 (Apr) 08:30:
This will be the first of two cpi releases before the next federal open market.
Economists Polled By Reuters Had Forecast It Would Climb 0.3% On The Month And 2.7% On A.
It means the annual rate of inflation has increased for the second month.
A Closer Look At Economic Trends.
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Currently, One Or Two Rate Cuts Are Expected.
Et joe rennison a positive report could be enough to push the s&p 500 back up to another record high, after a brief blip in this year’s rally.
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_____ the consumer price index for april 2024 is scheduled to be released on wednesday, may 15, 2024, at 8:30 a.m.
The Cpi Is Based On A Fixed Basket Of Goods And Services Designed According To International Standards And Methods.