U.S. Headline and Core CPI Inflation The latest inflation data for October 2024 indicates that U.S. inflation has remained firm, showing a slight uptick rather than continuing its irregular descent, suggesting that the Fed’s battle against inflation is not yet over. Image: Bloomberg
Contributions to Year-on-Year Headline CPI Inflation The combination of declining contributions from key sectors like shelter and transportation is expected to lead to a notable slowdown in U.S. headline CPI inflation, reaching 2.2% by the end of 2025. Image: Goldman Sachs Global Investment Research
U.S. Core CPI Inflation In September, U.S. core CPI inflation showed a modest increase of 0.312% month-over-month, indicating that inflation pressures are not significantly escalating. Image: Nomura
Citi U.S. Inflation Surprise Index Equities tend to perform well when the U.S. Economic Surprise Index increases, as this index indicates how much economic data surpasses expectations. Image: The Daily Shot
Inflation – U.S. Core PCE The GS Core Inflation Tracker currently remains below the Federal Reserve’s target of 2%, which is a crucial component of its monetary policy aimed at ensuring price stability and anchoring inflation expectations. Image: Goldman Sachs Global Investment Research
U.S. Breakeven Inflation Rates vs. Oil U.S. breakeven inflation rates closely track oil prices, creating a complex challenge for the Federal Reserve as it navigates potential deflationary pressures in the coming months. Image: Real Investment Advice
Inequality – U.S. Household Net Worth by Brackets The widening wealth gap in the U.S. reflects deep-rooted structural issues that have persisted for decades. While some groups have gained, the overall trend indicates a growing divide that challenges economic mobility and social equity. Image: Real Investment Advice
G7 Inflation Average Current projections and trends suggest a return to 5% inflation is unlikely in the near term, but long-term structural changes and unforeseen shocks could alter this outlook. Image: BofA Global Investment Strategy
Inflation and Shipping Costs Global shipping rates usually lead producer prices by six months, indicating a potential rise in the Consumer Price Index in the near future. Image: BofA Global Investment Strategy
U.S. CPI Inflation vs. U.S. 10-Year Bond Yield CPI dynamics in early 2024 show a clear pattern: Q1’s higher inflation prompted increased Fed scrutiny, while Q2’s declines suggest potential interest rate cuts, impacting market expectations and U.S. Treasury yields on CPI days. Image: BofA Global Research
Inflation – U.S. Core PCE and Core CPI Goldman Sachs’ forecast of a continuous decline in U.S. core PCE and core CPI suggests a potential slowdown in inflationary pressures, which could have significant implications for the overall economic outlook. Image: Goldman Sachs Global Investment Research