News

The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 3.6% at its August meeting, matching market ...
Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...
WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation ...
Key Takeaways: U.S. inflation fell to 2.1% in April, the lowest since September. Core inflation hit a four-year low at 2.5% year-over-year. Consumer spending growth slowed amid tariff uncertainty.
The Labor Department’s consumer price index for July, to be released at 8:30 a.m. Eastern time, is expected to show that the annual pace of inflation rose to 2.8 percent from July 2024. That’s up from ...
The Consumer Price Index is expected to reflect an uptick in inflation as companies increase prices as a result of President ...
The Personal Consumption Expenditures price index for April rose 2.1% on an annual basis, closer to the Fed’s target inflation rate of 2%.
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...
Inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures Price Index rose 0.1% last month after being ...
The Fed has generally overshot its inflation target over the last four years. Headline PCEPI has averaged 4.0 percent per year since April 2020, whereas core PCEPI has averaged 3.9 percent.
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.