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.

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.

For the record, headline December CPI increased 0.4% month over month – a slight increase over the 0.3% rate seen in each of the previous four months – to match economists' expectations. On an ...

By Kevin Flanagan For the fifth meeting in a row, the Federal Open Market Committee (FOMC) decided to keep rates unchanged, ...

Food and energy costs both increased. CLAWING BACK TARIFF COSTS The June CPI data will likely leave the Personal Consumption Expenditures Price Index the Fed uses for its 2% inflation target well ...

More jobs, more spending and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate ...

Before the Fed and Bank of Japan decisions, it will be the Bank of Canada’s turn on Wednesday to set rates. But the meeting ...

“Core CPI services inflation has been quite high at 5.7% annualized in the past three months,” he says. Core durables prices fell by 3.2%, while core nondurable prices rose by 3.2% thanks to ...

Also, according to the latest CPI report, core inflation is still running at an annual clip of 5.3%, so we do not see a Fed pivot on the horizon anytime soon." ...

Core CPI, which excludes volatile food and energy costs, rose 3.2% in August over the last 12 months after rising 3.2% in July. However, on a monthly basis, core CPI rose 0.3% in August, just ...

June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of its next rate cut, according to economists.

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.