August Inflation Slows, Core Prices See Weakest Gains In Five Months As Fed Meeting Looms [TheStreet.com]
RPM International Inc. (RPM)
Last rpm international inc. earnings: 4/8 06:45 am
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Source: TheStreet.com
U.S. consumer price inflation eased modestly last month, data from the Bureau of Labor Statistics indicated Tuesday, suggesting that the Federal Reserve's forecast of 'transitory' inflation may be coming good as supply chain disruptions and COIVD impacts ease.Headline CPI for the month of August was estimated to have risen 5.3% from last year, down from 5.4% in July -- the highest since 2008 -- and 0.3% when compared to the previous month, with both tallies coming in below Wall Street forecasts.So-called core inflation, which strips-out volatile components such as food and energy prices, rose 0.1% on the month, the slowest since February, and 4% on the year, the report noted, down from last month's 4.3% reading, which was near to the highest levels since the early 1990s."With the inflation read coming in lighter than expected, there’s a glimmer of hope that prices are finally beginning to normalize, but we’re far from fully out of the woods when it comes to supply chain issues and raw
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- RPM International Inc. (NYSE: RPM) had its price target raised by analysts at UBS Group AG from $121.00 to $122.00. They now have a "neutral" rating on the stock.MarketBeat
RPM
Earnings
- 4/4/24 - Beat
RPM
Sec Filings
- 4/4/24 - Form 10-Q
- 4/4/24 - Form 8-K
- 3/7/24 - Form SC
- RPM's page on the SEC website