NMLS # 408873

Consumer Price Index (CPI)

Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is a key economic indicator that is used to track inflation and purchasing power.  It is calculated by the Bureau of Labor Statistics (BLS) and is based on the prices of a wide range of goods and services, including food, housing, clothing, transportation, medical care, and recreation.  The CPI is widely used by businesses, economist, and policymakers to make informed decisions about pricing, wages and economic policy

Wednesday 5/10/2023 8:30 am

Consumer prices in April showed inflation pressures remain elevated in the US economy while headline prices rose at the slowest annual rate since the period ending April 2021.  For more information click here:Consumer prices lowest in 2 years

Mortgage bonds are improving and the 10 year treasury in down 6 bp to 3.469%


Monday 5/08/2023

Marketing is expecting the CPI to be 4.4% from last month's 5.0% and the core CPI to be 5.8% from last month's 5.6%

Wednesday 4/13/2023

8:47 AM - Reaction to the below mortgage bonds up 25 bp (Price Up Yield Down) 10 year treasury down 5 bp to 3.379%.

8:30 AM - A closely-watched government measure of inflation showed price increases cooled further last month, according to the latest data from the Bureau of Labor Statistics released Wednesday morning.

The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 5.0% over the prior year in March, a slowdown from February's 0.4% month-over-month increase and 6% annual gain.


The market is bracing for tomorrow's CPI and Core CPI which will be reported at 8:30 AM.   The market is expecting inflation to fall sharply from 6% to 5.2% and the core rate to increase from 5.5% to 5.6%. Our expectation is Volatility.  

For more information contact the John Marbury Group! john@colonybank.com

John Marbury - 205-266-5669 john.marbury@colonybank.com  NMLS# 740833

Donna Johnson 205-948-7933 donna.johnson@colonybank.com NMLS# 740828

For updates, mortgage calculators and online application go to: https://www.johnmarbury.com/

For updates, mortgage calculators and online application go to: https://www.johnmarbury.com/

NMLS # 408873d


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