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America’s inflation continued to slow in September, reaching a fresh three-and-a-half-year low and coming in at a pace that’s similar to what was seen in 2017 and 2018, according to data ...
Fresh inflation data ... It was the first drop on a core basis after three months of being stuck at 3.3%. ... Inflation could show new signs of progress in year-over-year comparisons later in 2025 ...
The UK’s Office for National Statistics releases October inflation data. The US Labor Department releases its Producer Price Index for October. The US Commerce Department releases October retail ...
Headline inflation accelerated as expected in December, while core inflation, which strips out more volatile food and energy prices, rose 3.2% year over year, according to the Bureau of Labor ...
Inflation in shelter and other services remains higher than historical levels, he added. Even as Barkin remains cautious, he expects the inflation data to continue improving over the next five months.
The key metric the Fed is focusing on — services inflation excluding housing — rose 0.4% month-over-month and 7.4% year-over-year in December. The Fed sees core services inflation being driven ...
Wednesday’s inflation readings were exactly what economists had anticipated: Consensus estimates called for a 0.2% monthly increase and for the annual rate to climb to 2.3%, according to FactSet.
Now, even with demand shifting back from goods to services, the normal state of the U.S. economy, inflation remains elevated and is confounding the Fed’s efforts to slow demand.