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Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting ...
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to ...
Inflation is speeding up after a period of cooling down earlier this year.
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...
The CPI rose 0.3% month-over-month in June, accelerating from May’s 0.1% pace. Year-over-year inflation also jumped to 2.7%, ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.
The Federal Reserve looks to be in the clear to cut rates in September, given easing inflation data from the shelter component of June's CPI, according to Tani Fukui, senior director of global ...
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on Tuesday, after a government report showed a widely expected increase in ...
Inflation rose during June, coming in at 2.7 percent for the month, according to the U.S. Bureau of Labor Statistics. May's inflation was 2.4 percent. The acceleration is bad news for U.S. President ...
Consumer prices rose faster than​ in May, a potential sign that companies are starting to pass tariff costs on to consumers.