The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
Headline inflation cooled sharply last month to beat economists' forecast as prices rose on an annual basis at the slowest pace in more than two years, the June Consumer Price Index (CPI ...
That was up from 3% in June ... pushing up prices. Inflation in the US hit a peak of 9.1% last year, far above the US Federal Reserve's 2% target. But it has eased significantly as the shock ...
Inflation moved in the wrong direction last month as price pressures persisted in areas such as housing, used cars and food.
Prices in the US spiked ... to the end of June, up from 5% the previous month. It marks the biggest 12-month increase since August 2008, according to the US Labor Department. Inflation, which ...
Consumer prices in the Bay Area rose in October by 2.4% compared with a year ago, a smaller increase than the upswing of 3.8% ...
The increase in U.S. consumer prices eased in August ... breaking an eight-month streak of rising or steady inflation for consumers, whose spending accounts for 70% of the U.S. economy, the ...
The much-awaited PCE inflation for September 2024 came in on the last day of October; and as expected, it came in lower at ...
18 September: US Leads Way With Chunky Base Rate Cut The headline rate of inflation rose by 2.2% in the 12 months to August, unchanged from July, according to figures out today from the Office for ...
Investors sobered up from post-election euphoria over Republican Donald Trump's victory and took some profits ahead of ...
Inflation has eased considerably since peaking at 9.1% in June 2022 and ... car prices could be a reflection of hurricane-related purchases. Although the broader US economy survived the sharpest ...