Inflation continued its downward trajectory in August, according to data released Wednesday morning, though the focus for the health of the U.S. economy has largely shifted from whether inflation will ...
Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, according to new data from the Bureau of Labor Statistics released ...
Price increases have slowed significantly, but remain above the Fed's target. Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a ...
Consumer prices rose 2.9 percent in the year through July, a downtick from the prior month. The report keeps the Federal Reserve firmly on track to cut interest rates next month. 10 Inflation 8 6 +3.2 ...
WASHINGTON — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing ...
Inflation cooled last month, but the latest data may offer less comfort to U.S. businesses, consumers, and Federal Reserve policymakers than it otherwise would because tariffs are threatening to raise ...
It’s been an eventful week in the markets. And this morning, we have arguably the most substantial numbers of all: Personal Consumption Expenditures (PCE) for June, the Fed’s preferred measure of ...
Consumer prices rose faster than economists forecasted last month for the first time since March, posing a potential obstacle to the yearslong fight to return to 2% inflation. President Joe Biden ...
Forecasters expect inflation as measured by PCE rose over the 12 months ending in September. Key Takeaways. Core PCE ...