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0 0.00361484145267941 0.00518814032327564 -0.00470116686332901 -0.00552527579554594 -0.0048510048510047 -0.00128860669401208 0.00676143919387165
Stock impact report

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 Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
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 Show less Read more
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