AI inflation is putting even more pressure on the Fed. Could higher interest rates be next?

One thing the Federal Reserve could always count on to keep inflation low was falling prices for computers, cell phones and ...

As Inflation Eats Up Pay Gains, Workers Fall Behind

When prices spiked in 2021-22, wages failed to keep up for many workers, new research shows. Now the pattern is repeating.

Wholesale price inflation slows as gas, food costs fall

Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead ...
CNBC

Wholesale prices rose 1.1% in May, more than expected, on surge in energy

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 ...
Forbes

Inflation Rate Rises Above 4% As Fed Faces Pressure To Act

Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. This voice experience is generated by AI. Learn more. This voice experience is generated by AI.
24/7 Wall St

Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why

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, ...
CNBC

Inflation peaked in May as energy prices fell in June, Kalshi traders think

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 ...
The Motley Fool

From Bad to Worse: The Federal Reserve's May Inflation Forecast Is Terrible News for Stock Investors

Americans are paying an average of $4.50 per gallon, up about 50% since the start of the conflict. Fuel prices impact just about everything, and that's reflected in April's Consumer Price Index (CPI) ...
Morningstar

Inflation is getting worse. Just how bad is it going to get?

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 ...
Forbes

How To Invest During Inflation And Economic Uncertainty

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 ...
Slate

The Real Reason Everything Feels So Expensive Right Now

Only Slate Plus members can gift Slate stories. Become a member to share 10 free articles a month. Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, ...