Wages haven't kept up with inflation for four straight months

The BLS released July's CPI report, showing inflation cooled for the second consecutive month, falling from 3.5% to 3.4%. Wage growth also slowed.

Inflation Was Moderate in July, but Energy Prices Remain Elevated

The Consumer Price Index for July showed prices rose 3.4 percent from a year ago as the war in Iran dragged on.

Social Security COLA estimates for 2027 fall as inflation moderates

New estimates show just how much Social Security benefits may increase in 2027, based on new government inflation data.
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 ...
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) ...
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 ...
American Banker

Key inflation metric flashes red at 4.1%

The Federal Reserve's preferred inflation gauge continued its climb in May, casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve. Processing Content The ...
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 ...
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, ...
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 ...

Fed's Goolsbee says latest inflation data is better

(Refiles to fix spacing paragraph 1) By Ann Saphir Aug 13 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee ...