Inflation increases 3.4% in April as prices remain elevated [FOX Business Network]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: FOX Business Network
for the Federal Reserve even as prices remained uncomfortably high for millions of Americans. The Labor Department said Wednesday that the consumer price index, a broad measure of how much everyday goods like gasoline, groceries and rent cost, rose 0.3 in April from the previous month. Economists expected to see a 0.4% monthly increase. Prices climbed 3.4% from the same time last year, down from the 3.5% reading in March. Another data point that measures underlying inflationary pressures within the economy also moderated last month. So-called core prices, which exclude the more volatile measurements of gasoline and food in order to better assess price growth trends, increased 0.3% in April. From the same time last year, the gauge climbed 3.6% – the lowest reading since 2021. Altogether, the report indicates that while inflation has fallen considerably from a peak of 9.1%, it remains well above the Fed's 2% target. High inflation has created severe financial pressures for most
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News
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- LPL Financial Welcomes Frank Financial ConceptsGlobeNewswire
- How Americans view the economy depends on whether they rent or own [Yahoo! Finance]Yahoo! Finance
- How Americans view the economy depends on whether they rent or own [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Fed probably won't be delivering any interest rate cuts this summer [MSNBC.com]MSNBC.com
LPLA
Earnings
- 4/30/24 - Beat
LPLA
Sec Filings
- 5/20/24 - Form 8-K
- 5/14/24 - Form 8-K
- 5/14/24 - Form 4
- LPLA's page on the SEC website