News

CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Fed's Nightmare: CPI Inflation In Services Reheats (Not Tariffed), While Inflation In Durable Goods, Apparel And Footwear (Tariffed) Remains Cool
While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not ...
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Inflation, Fed Outlook Lift Rates
Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
Businesses are passing along tariff costs, Fed reports
Businesses across the economy are passing increased input costs from tariffs along to consumers in the form of higher prices, ...
Core CPI Below Expectations, No Panic Yet At The Fed
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
Inflation shows biggest rise in 5 months. CPI dims slim chance of Fed rate cut in July.
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
Markets pull back from highs as CPI comes in hotter than expected
The CPI rose 0.3% month-over-month in June, accelerating from May’s 0.1% pace. Year-over-year inflation also jumped to 2.7%, ...