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Fed’s inflation gauge rises

Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty

Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its July meeting.

Fox Business on MSN · 1d

Fed's favored inflation gauge shows consumer prices rose again in June

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

The Associated Press on MSN · 23h

A key US inflation gauge rose last month as Trump’s tariffs lifted goods prices

The government’s measure of gas prices jumped 0.9% from May to June, while grocery costs rose 0.3%. Many longer-lasting goods that are heavily imported saw clear price increases, with furniture prices up 1.3% just last month, appliances up 1.9%, and computers up 1.4%.

The New Republic on MSN13hOpinion

Here’s Your Warning Sign: Inflation Just Spiked in Every Key Indicator

On the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic ...

1d

Key US Inflation Gauge Picks Up on Goods, Spending Barely Rises

The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while ...

2h

Inflation Picked Up In June As Tariffs Pass Through

Core inflation, which excludes volatile food and energy prices but also places more weight on housing services prices, was a ...

22hon MSN

US inflation warms up in June as tariffs boost some goods prices

U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...

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