Ty Roush is a breaking news reporter based in New York City. Annual inflation was 3.3% in July, according to core personal consumption expenditures (PCE) price index data published Wednesday by the ...
Since early June, we've watched the time-tested Dow Jones Industrial Average (^DJI +0.49%), benchmark S&P 500 (^GSPC +0.58%), and technology-driven Nasdaq Composite (^IXIC +0.45%) catapult to record ...
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 ...
The annual inflation rate fell slightly in July, and a key measure of underlying price trends remained moderate last month. Stop-and-start peace negotiations in the Middle East brought a respite for ...
The consumer price index rose 3.5% in June 2026 from a year earlier, the Bureau of Labor Statistics said Tuesday. It was a slowdown from May, the first pullback in the annual inflation rate since ...
BofA said it continues to call for two more quarter-point hikes in October and December. “The robustness of the nominal economy both increases the risks of inflation persistence and reduces the risks ...
While traditional measures are showing inflation well above the Fed's 2% target, so-called trimmed mean indicators have hit their lowest levels since the early part of the decade. Trimmed mean ...
On weekdays, the Federal Reserve Bank of Cleveland's Inflation Nowcasting tool processes new economic data and adjusts its outlook for several inflation measures, including the Consumer Price Index ...
President Donald Trump raised eyebrows on June 10 when he declared, "I love the inflation," while discussing the latest inflation report and the ongoing conflict involving Iran (1). At the time, the ...
Federal Reserve Gov. Christopher Waller threw cold water on the idea that a federal funds rate increase is needed this month. Processing Content In a Thursday morning speech, Waller said inflation — ...
Prospective homebuyers finally received some encouraging inflation news this week. After months of stubborn price growth, the latest inflation report offered another sign that some of those pressures ...
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 ...