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

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*While hpusing prices declined 0.1% during January 2024. Rents recorded the second month of increases being up 0.6% m/m.
*While hpusing prices declined 0.1% during January 2024. Rents recorded the second month of increases being up 0.6% m/m.
*Used car prices continue to decline in March -0.4% m/m (-14.7 y/y), as well as new car prices -0.9% m/m (-2.6% y/y)
*Used car prices continue to decline in March -0.4% m/m (-14.7 y/y), as well as new car prices -0.9% m/m (-2.6% y/y)
The markets is still pricing cuts starting in June, and 3 average cuts during 2024,[[File:Screenshot 2024-04-09 105624.png|alt=|center|thumb|481x481px|https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html|link=https://investmentwiki.mywikis.eu/wiki/File:Screenshot_2024-04-09_105624.png]]''Range:''
The markets is currently pricing 2 rate cuts in 2024, starting in september.
*CPI: 3.2% - 3.5%
[[File:Screenshot 2024-05-14 131501.png|alt=|center|thumb|420x420px|https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html]]
*Core CPI: 3.6% - 3.9%
''Range:''
*CPI: 3.3% - 3.6%
*Core CPI: 3.5% - 3.8%
{| class="wikitable"
{| class="wikitable"
|'''Escenario'''
|'''Escenario'''
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|-
|-
|CPI below 3.2%
|CPI below 3.2%
|2%+ rally
|3%+ rally
|5%
|5%
|-
|-
|CPI at  3.2-3.3%
|CPI at  3.2-3.3%
|1% Rally
|2% Rally
|10%
|10%
|-
|-
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|50%
|50%
|-
|-
|CPI 3.5%
|CPI 3.5%-3.6%
|1-2% drop
|1-2% drop
|30%
|30%
|-
|-
|CPI above 3.5%
|CPI above 3.6%
|3% drop
|3% drop
|5%
|5%
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|-
|-
|Core CPI (YoY)
|Core CPI (YoY)
|3.7%
|3.6%
|3.8%
|3.8%
|-
|-
|CPI (MoM)
|CPI (MoM)
|0.3%
|0.4%
|0.4%
|0.4%
|-
|-
|CPI (YoY)
|CPI (YoY)
|3.4%
|3.4%
|3.2%
|3.5%
|}
|}
===FED Cleveland Forecast===
===FED Cleveland Forecast===
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!Core CPI
!Core CPI
|-
|-
|March 2024
|April 2024
|3.41%
|3.50%
|3.73%
|3.65%
|0.34%
|0.41%
|0.31%
|0.31%
|-
|-
|April 2024
|May 2024
|3.36%
|3.54%
|3.58%
|3.59%
|0.34%
|0.12%
|0.31%
|0.30%
|}
|}
===Individual Institutions===
 
== References ==