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By Kevin Flanagan For the fifth meeting in a row, the Federal Open Market Committee (FOMC) decided to keep rates unchanged, ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
BoJ, RBA, and Fed in focus as USD/JPY and AUD/USD respond to rate decisions, inflation trends, and key US economic data ...
Tuesday's mixed consumer price index (CPI) report has further solidified expectations that the Federal Reserve will continue to hold interest rates steady, as the inflationary effect of tariffs showed ...
The "core" measure of CPI, which excludes volatile food and energy costs, rose 2.8% over the past year in May, matching April. Monthly core prices increased 0.1%, a touch below April's 0.2% gain.
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate policymaking.
Core inflation eases, but rising headline CPI and energy costs keep inflation concerns alive. Click for our full review of the latest data and its implications.
Businesses across the economy are passing increased input costs from tariffs along to consumers in the form of higher prices, ...
Shares little changed before inflation. Crude oil soars overnight. IGO dumped on Kwinana woes. Appen warns on US uncertain.
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
Australia's inflation rate for the second quarter came in lower than expected. Headline CPI dropped to 2.1% y/y, down from 2.4% in the prior two quarters and falling to its lowest level since Q1 2021.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.