Tag: April

US consumer prices rise less than expected in April; core CPI slows

WASHINGTON (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the […]

Inflation expected to tick down in April as Fed officials weigh rate cuts

On Wednesday, investors will digest one of the most important data points the Federal Reserve will consider in its next interest rate decision: April’s Consumer Price Index (CPI). The inflation report, set for release at 8:30 a.m. ET, is expected to show headline inflation of 3.4%, a slight deceleration from March’s 3.5% annual gain in […]

US producer prices increase more than expected in April

WASHINGTON (Reuters) – U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department’s […]

Here’s where in Topeka failed restaurant food safety and lodging inspections in April

Kansas food safety and lodging inspectors found several Topeka establishments to be out of compliance with state law in April. Kansas law delegates to the Kansas Department of Agriculture the authority to regulate food establishments, food processing plants and lodging establishments. Violations — particularly priority violations linked to causes of foodborne illness — can lead to […]

Bond Traders Get Unwelcome Inflation Hint Ahead of April Reports

(Bloomberg) — US Treasuries were chastened Monday by an increase in consumer inflation expectations as traders looked ahead to April data on price pressures that could alter the outlook for Federal Reserve monetary policy. Most Read from Bloomberg Yields across the maturity spectrum pared their declines after a New York Fed survey showed US consumer […]

Argentina monthly inflation seen back in single digits in April

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely dipped back into single digits for the first time in half a year in April, analysts polled by Reuters estimated, amid a gradual slowdown in price rises as the country’s economy stalls. The embattled South American country likely saw the consumer price index, […]