A clear, practical breakdown of inflation, GDP, recessions, and interest rates — explained simply for professionals, business ...
The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous.
While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed ...
The Federal Reserve‘s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in ...
S&P 500 futures rose 0.4% ahead of CPI inflation data, rebounding from Wednesday's 1.2% decline. Memory-chip giant Micron soared, lifting a number of related artificial intelligence plays. The S&P 500 ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Economists forecast the CPI to rise 0.2% in May after rising by the same amount in April. The goods data will be closely watched for early signs of tariff-driven inflation, with larger impacts ...
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall Street watches inflation data with bated breath amid the standoff between the ...
The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%.
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.7% year-over-year in May. This was higher than the expected 2.6% growth and a pickup from 2.6% in April. The headline index was up ...
Items such as jewellery, edible oils, coffee and certain household appliances have seen faster price increases compared with ...