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Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
A subdued June inflation print means a September Fed rate cut remains possible; we see higher inflation numbers ahead ...
Inflation moved higher in June as expected, continuing a rise in shelter and food costs that drove prices higher, the Labor Department said on Tuesday.
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase r ...
The US Dollar (USD) is trading on a slightly softer footing on Tuesday as investors brace for the closely watched US Consumer Price Index (CPI) release. With market participants repositioning ahead of ...
Consumer prices are at their highest since February, due to Trump’s tariffs, posing challenges for him and complicating the Fed’s interest rate cut which he demands.
Wells Fargo also reported its second-quarter earnings early Tuesday, beating Wall Street’s profit and revenue targets. Wells ...
The Consumer Price Index increased 0.3% last month after edging up 0.1% in May, the Labor Department's Bureau of Labor Statistics said on Tuesday. That was the largest gain since January. In the 12 ...
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