ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month The latest Consumer Price Index (CPI) report shows a mixed picture of inflation in the United States. While headline CPI rose 0.2% month-over-month as expected, bringing the year-over-year rate down to 2.9%, core CPI (excluding food and energy) also increased by 0.2% month-over-month, with its annual rate slowing to 3.2%. Despite these modest improvements, core consumer prices have now risen for 50 consecutive months, reaching a new record high. The data suggests that while overall inflation is moderating, underlying price pressures persist, particularly in core goods where deflation appears to have stalled. This presents a complex scenario for policymakers as they navigate between controlling inflation and supporting economic growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Stress Tests Reveal Hundreds of U.S. Banks at Risk Due to Loans and Rate Hikes READ MORE Americans Prioritize Summer Fun Over Financial Health, Risking Long-Term Debt READ MORE ZeroHedge: Yield-Curve Bear-Steepening Spells Trouble For Markets READ MORE Gold Shines Amid Tough Year for Commodity Returns in 2023 READ MORE S&P 500 Could Halve as Market Bubble Bursts, Warns Top Strategist READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment