With the Statistics Department set to release the consumer price index (CPI) data for June today, economists are voicing concerns that prices could face upside risks, as focus falls on core inflation ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday.
By Howard Schneider WASHINGTON, July 15 (Reuters) - The U.S. Federal Reserve could more accurately estimate underlying inflation by including food and utility prices in its "core" Personal Consumption ...
US wholesale inflation fell unexpectedly in June as energy and gasoline prices dropped, but rising Iran tensions could ...
Former St. Louis Fed President Jim Bullard, now Dean of the Mitch Daniels School of Business at Purdue University, believes the Federal Reserve is likely to resume tightening later this year despite a ...
The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department's March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...
When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other items, Federal Reserve officials assured the public in ...
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