Consumer Price Index:Historical Releases/2024 January: Difference between revisions

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*Housing prices recorded its first monthly decline in 10 months with a -0.2 m/m, but y/y remains high at 5.1%. Rents are down 0.3% month-over-month, down 1% year-over-year
*Housing prices recorded its first monthly decline in 10 months with a -0.2 m/m, but y/y remains high at 5.1%. Rents are down 0.3% month-over-month, down 1% year-over-year
*Used car prices remained flat during January, but recorded a 9.2% decline y/y. While new car prices decline 2.6% from december to january, they are donw 3.5% y/y.
*Used car prices remained flat during January, but recorded a 9.2% decline y/y. While new car prices decline 2.6% from december to january, they are donw 3.5% y/y.
The markets are pricing rate cuts starting on March and 6 in total in 2024
The markets are pricing rate cuts starting on March and 6 in total in 2024.
[[File:Screenshot 2024-02-12 125450.png|center|thumb|528x528px|https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html]]


''Range:''
''Range:''