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When the Federal Reserve held interest rates steady this week, officials said they want to see more progress on inflation ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its ...
The "trimmed mean" measure of inflation — the Reserve Bank's preferred measure of underlying inflation — also declined.
In recent months, critics of President Donald Trump’s tariff campaign have braced for an unwelcome rise in the inflation rate. That moment may have arrived. Prices rose 2.7%in the 12 months through ...
The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...
The Producer Price Index (PPI) for final demand was flat in June, following a 0.3% rise in May and a 0.3% drop in April.   A 0.3% increase in goo ...
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of its next rate cut, according to economists.
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET Tuesday.