While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed ...
The Federal Reserve‘s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation ...
Economists forecast the CPI to rise 0.2% in May after rising by the same amount in April. The goods data will be closely watched for early signs of tariff-driven inflation, with larger impacts ...
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall Street watches inflation data with bated breath amid the standoff between the ...
Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...
A senior official at the Reserve Bank of Australia (RBA) has said the recent slowdown in consumer price inflation is a ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...
Canada’s inflation held at 2.2% in November, below expectations, as higher food prices were offset by slower services growth, Statistics Canada said Dec. 15. Core measures cooled, with the Bank of ...