CPI

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Exercise restraint on CPI data Trim P & G Wait to buy LLY 1. Exercise restraint on CPI data Stocks soared on Tuesday after the U.S. Labor Department's consumer price index (CPI) for November showed prices rose at their slowest pace since last December. The S & P 500 was up more than 1.5% in midmorning trading. However, we urge investors to exercise restraint, given…

Cryptocurrency prices retreated Friday as the knock-on effects from FTX’s downfall persisted, even as other risk assets surged after US inflation data. Cryptocurrency prices retreated Friday as the knock-on effects from FTX's downfall persisted, even as other risk assets surged after US inflation data. Bitcoin dropped as much as 5.5% to as low as $16,837. It had jumped 13% on Thursday as the CPI reading came in lower than expected, fueling expectations that the Federal Reserve would slow the pace of rate increases.…

CNBC's Jim Cramer on Wednesday warned that growth stocks could take another beating if the October consumer price index reading shows that inflation is still running rampant."If we get a steaming hot CPI reading, you're going to see more horror on your screen, so that's why people sold ahead of it," he said.The CPI measures the prices for a basket of goods and services. Investors will parse through the October report, set for release Thursday morning, for any signs that inflation has cooled with the view that the Federal…

CNBC's Jim Cramer on Tuesday gave investors his expectations for the October CPI report."Maybe this time will be different, and it could be. … But right now when it comes to the CPI, I think we're in a hope for the best, prepare for the worst situation," he said.The consumer price index measures prices consumers pay for a variety of goods and services. Investors will be watching for any signs that inflation is cooling down in the October CPI report, which is set to be released Thursday morning. The October CPI reading…

Bitcoin (BTC) was enjoying a nice weekend, with many investors expecting positive news from the latest release of the Consumer Price Index (CPI). From Friday, September 19 through the morning of Tuesday, September 13, the value of BTC rose 9.15%, all the way up to $22,719.70. And then, seemingly in a matter of minutes, the bottom fell out. Unexpectedly, the CPI increased 0.1% from July to August, bringing the year-over-year increase to 8.3%. Before the report was released, economists had expected inflation to actually…

CPI may be released every month, but inflation has started affecting Bitcoin in 2022 The highly volatile crypto market can experience some dramatic changes in the most popular cryptocurrency known as Bitcoin (BTC). After the drastic fall from US$68k to US$17k, BTC price has started carrying a bear flag in the crypto market. This cryptocurrency is going through short-term volatility when the CPI (Consumer Price Index) numbers are released. But it has been observed that CPI is released every month while Bitcoin got…

CNBC's Jim Cramer on Wednesday said that while consumer prices rose sharper in June than Wall Street expected, the Federal Reserve is close to beating inflation."I think we have a real shot at putting in … a short term bottom here given that the Federal Reserve can probably put through one more big rate hike and then declare victory," the "Mad Money" host said."I know it sounds crazy to say we're winning the war against inflation when the CPI, consumer price index, was up 9.1% last month, but you know what, I believe it,"…