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The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...
“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...
The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
A 30-year Treasury yield that rises above 5% tends to be negative for stocks because of the way it impacts borrowing rates for households and businesses. The yield is used as a benchmark on everything ...
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of ...
Latest inflation data shows prices rose for furniture, toys, apparel, and appliances—all vulnerable to impact of tariffs.
Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would make it through value chains and start to show up in consumer prices over ...
The next major U.S. inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will ...