Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy. The ...
In recent months, core inflation has eased to a three-year low, a development many see as a positive sign for the economy. This trend indicates that inflationary pressures may be diminishing, ...
The core consumer price index came in a bit hotter than expected in July, but Trump tariffs weren't the primary culprit, as some services prices picked up steam. The S&P 500 turned higher after the ...
“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 ...
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
OTTAWA, Oct 2 (Reuters) - The Bank of Canada is considering changes to how it measures preferred inflation metrics to give it a better idea of how external shocks are affecting the economy, a senior ...
Headline CPI rose 2.7% in July, lower than expected and unchanged from the rate reported in the prior month. Core inflation, on the other hand, ticked higher in July as prices for used vehicles rose ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
"March now looks set to mark the nadir in core inflation this year, however, as the administration's efforts to reorient U.S. trade lead to faster price growth," House wrote in a note to clients. Citi ...