This is the deflation breakdown for June 2024 — in 1 chart

This is the deflation breakdown for June 2024 — in 1 chart


Important Details
  • Deflation steps how rapidly prices are declining for shopper items and companies.
  • Selling prices have deflated for a selection of goods like bodily merchandise, airfare, gasoline and some groceries considering that June 2023, in accordance to the customer price index.
  • A single clarification: Supply and demand dynamics have normalized right after currently being thrown out of whack in the course of the Covid-19 pandemic.



Supply

Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback
Finance

Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback

Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the U.S. Federal Reserve. Reuters Kevin Warsh has surged ahead of Kevin Hassett in prediction markets betting on who President Donald Trump will nominate as the next chair of the Federal Reserve, as doubts grow inside Trump’s orbit about Hassett’s […]

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Stocks making the biggest moves premarket: Pfizer, Roku, Kraft Heinz & more
Finance

Stocks making the biggest moves premarket: Pfizer, Roku, Kraft Heinz & more

Check out the companies making headlines before the bell: Pfizer — The pharma giant issued disappointing 2026 earnings guidance. Pfizer a profit between $2.80 per share and $3 per share for the coming year. Analysts polled by LSEG expected earnings per share of $3.05 for 2026. The company also reaffirmed its 2025 outlook. Shares hovered […]

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Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more
Finance

Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more

Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.” […]

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