Over on Wall Street, the bond market was sending a very different message. Fears that inflation is here to stay were already ...
For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted ...
On a "core" basis, which strips out volatile food and energy prices, the annual inflation rate for August is expected to tick ...
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12-month increase since February. On a ...
Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...
This week's inflation report showed core inflation remains stubbornly high. But the stock market rallied Tuesday on hopes the Federal Reserve will be able to cut interest rates in September. There are ...
Inflation numbers this week may determine how comfortable markets are with an expected interest rate cut by the United States ...
U.S. inflation likely ticked higher last month as the Trump administration's import taxes lifted the price of goods, putting ...
The year-over-year inflation rate unexpectedly held steady at 2.7% in July. Economists expected a tick up to 2.8%. Impacts from tariffs imposed in early August could take a while to show up in ...
The consumer price index showed that overall inflation increased at a 2.7 percent annual rate, the same as in June. New inflation figures released Tuesday added to signs that President Donald Trump’s ...
Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going to pay the costs, minutes of the Fed’s July meeting show. “With regard to ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
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