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Inflation hit a 41-year high in March, but several signs hint that the US could be past the peak. Certain inflation measures showed underlying inflation trends cooling through early 2022.
On a month-on-month basis, inflation rose by 0.2%, which is softer than the projected increase of 0.3%. This means that while prices still increased in February, they did so at a slower pace than ...
US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.
US Economy News Today: Inflation Mostly Stands Still in April—Why That May Be A ... They see it as an indicator of broader inflation trends and consider it when setting the central bank’s ...
Consumers pulled back far more than economists expected: Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Food prices have risen a bit faster than overall inflation lately, putting pressure on consumers. Three midyear supermarket ...
Consumer prices rose 1.5% in June compared to June 2024 for the Bay Area — rising slightly since April, which had a +1.3% ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
Strong US data drives USD/JPY gains. Trade headlines, Services PMIs, Powell’s speech, and Tokyo inflation could shift yen ...
Despite President Trump's repeated calls for lower interest rates and his near attempt to remove Fed Chair Jerome Powell, the ...
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness. By Jeanna Smialek Inflation is beginning to abate meaningfully for American consumers. Gas is ...
A measure of inflation most closely watched by Federal Reserve officials picked up in April, reflecting the difficult path ahead for economic policymakers as they weigh whether to raise interest ...