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Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...
A faster-than-expected inflation rate for January spooked the stock market on Wednesday, with rising costs for food, shelter, and energy all combining to push inflation up to 3% for the year. Core ...
Indeed, inflation, which was on a downward trajectory, has picked up its pace once again — standing at 3.5%, according to the latest consumer price index (CPI) data released April 10.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
Morgan Stanley chief US economist Michael Gapen said the report showed "Fed cuts are about inflation now." ... of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price Index in ...
August data marked the slowest year-over-year inflation reading since early 2021. Prices are set to rise 0.1% on a month-over-month basis, a decrease from the 0.2% reading seen in May.
Tuesday's CPI data will offer a key update on the central bank's fight with inflation. Economists forecast headline CPI inflation rose 3.3% over the prior year in October, a decrease from the 3.7% ...
All those worries pushed the three major U.S. stock indexes into the red last week, despite back-to-back record highs in the broad S&P 500 earlier in the week. The blue-chip Dow ended up posting ...