Headline CPI rose 3.2% on an annual basis in July, the Bureau of Labor Statistics said Thursday. That was higher than the 3% reading seen in June, as well as the first uptick in prices in 13 months.
I show you how to save and invest. The upcoming Consumer Price Index report on July 12 is expected to show core inflation remaining well above the Federal Reserve’s 2% annual goal to the month ...
According to the recently released July consumer price index (CPI) report, consumer prices rose 0.2% in July, which is in line with expectations. Promisingly, annual inflation eased to just 2.9% ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The personal consumption expenditures price index, which will be released on Aug. 30, is expected to show inflation rose 0.2% in July, according to Citi and Nationwide estimates released after the ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The country's July CPI and PPI data beat market expectations but don't ease deflationary concerns, Citi economists wrote in a note. Zhongbai Holdings fell 9.9% and Sanjiang Shopping Club was down ...
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Headline July CPI increased 0.2% month-over-month, according to the Bureau of Labor Statistics, which was in line with economists' forecast. On an annual basis, CPI came in below 3.0% for the ...