Inflation likely slowed in July as gasoline prices fell amid a lull in the war in Iran. Decelerating price increases would be a welcome respite for the economy and consumers after years of higher-than ...

The stakes just got higher for this week's inflation report.

The producer price index increased a seasonally adjusted 1.1% in May, putting the 12-month wholesale inflation rate at 6.5%, the highest since November 2022. Excluding food and energy, the so-called ...

May PPI surged to 6.5%, but core PPI missed expectations at 4.9%, suggesting energy drove the spike rather than broad-based inflation. The Fed faces a tough choice: hike rates and risk slower growth, ...

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Traders on prediction market platform Kalshi think there's less than a 1-in-3 chance that inflation will rise above 4.2% in 2026. The May Consumer Price Index report showed annual inflation running at ...

To preface this discussion, a modest level of inflation is ideal. Since January 2012, the central bank has targeted long-term inflation of 2%. In February, the BLS reported trailing 12-month inflation ...

Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Persistent inflation above 2% continues to challenge household finances, eroding purchasing ...

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Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...