Upcoming BLS Release Schedule: CPI Data on the Horizon
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Mark Your Calendars for May 15th
The Bureau of Labor Statistics (BLS) has announced its publication schedule for upcoming months, including the highly anticipated release of Consumer Price Index (CPI) data. This crucial metric measures the inflation rate for consumers and provides valuable insights into the health of the economy.
Economists and policymakers alike are eagerly awaiting the release of April 2024 CPI data on May 15th, 2024, at 8:30 AM. After months of soaring inflation, forecasters are hopeful that this latest report will finally signal a cooling trend. The Labor Department's announcement is expected to shed light on whether the Federal Reserve's interest rate hikes are starting to take effect.
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