An expected surge in inflation didn’t really materialize in July, but there are signs that higher tariffs are slowly starting to hit prices. The consumer price index climbed 2.7% year over year in ...
Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...
An inflation measurement favored by the Federal Reserve matched Wall Street’s expectations according to federal data released Friday, complicating hopes for the central bank to lower interest rates ...
The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...
Yes, inflation can be tough on those living on fixed incomes, but protecting us from it too strictly could do our overall economy more harm than good.
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...
Inflation remained at 2.6% for the year ending in July, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred ...
Gold for December delivery was trading near its session high of $4,077 on Wednesday amid rising skepticism about the Federal Reserve's resolve to push inflation down to the central bank's 2% target.