Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic ...
The Federal Reserve’s preferred measure of inflation increased 2.5% in June compared to a year ago, in line with market ...
Inflation data coming Friday should give the Federal Reserve another key piece of the evidence it needs to cut interest rates ...
Brightening prospects for rate cuts typically signal good news for stocks, since the market tends to do better when higher ...
The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after ...
The current annual inflation rate is 3%, but between May and June, inflation edged lower (-0.1%) on a monthly basis, the first decline since the pandemic. Prices are still 20.8% more expensive ...
Both overall and core PCE inflation stood at 2.5% year over year as of June, by our estimates. We project overall PCE inflation to average 2.4% in 2024 and 1.8% over 2025 to 2028—just below the ...
Inflation eased more than expected in June as falling gasoline prices offset another increase in rent, providing a third straight month of relief for Americans struggling with a pandemic-related ...
Americans weighed down by fast-rising prices for three years just received more encouraging news on the inflation front. The Consumer Price Index, a measurement of the average change in prices for ...
Canada's annual inflation rate fell to 2.7 per cent in June — down from 2.9 per cent in May — mostly due to slower increases in gasoline prices, Statistics Canada said on Tuesday.