inflation expectations

US inflation rises for the first time in a year to 3.2% rate

Consumer prices showed a faster year-over-year increase in July compared to the previous month’s annual gain, according to the latest data from the Bureau of Labor Statistics released Thursday morning.…

Business Market News Top Story US

US inflation cooled, but Fed’s target rate is the hardest part

Business Market News Top Story US

US inflation slows in June to 3%, labor costs cool in Q2

US inflation falls to 3%, lowest level in 2 years

July 12, 2023

The inflation figure the government reported Wednesday was down sharply from a 4% annual rate in May to 3% in June compared with 12 months earlier — a sign that…

EU inflation slips to 5.5%, but ECB to hike rates

June 30, 2023

Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more than offsetting an acceleration in prices for services, a preliminary reading showed on…

Fed’s Jefferson: Little progress on core inflation

May 13, 2023

Fed’s Jefferson: Little progress on core inflation Newslooks- WASHINGTON (AP) Federal Reserve governor Philip Jefferson said that inflation remains too high and there has been “little progress” made toward bringing…

Fed’s Tom Barkin: Inflation still ‘stubbornly high’

May 10, 2023

Richmond Fed President Thomas Barkin said on Wednesday that the Federal Reserve has more work to do in bringing inflation back down to its 2% target because the latest data…

US prices pick up; Inflation pressures persist

May 10, 2023

U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring that the Federal Reserve keeps…

A Key Inflation gauge remained high in March

April 28, 2023

The U.S. dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on track to raise interest rates…

Cheaper gas and food prices eased US inflation

April 12, 2023

Inflation slowed for a ninth straight month in March amid drops in both gasoline and grocery prices. But an underlying inflation measure that better reflects long-term trends accelerated on another surge…

Europe’s inflation eases to 6.9%, but food up

March 31, 2023

Consumer prices in the eurozone jumped 6.9% in March from a year earlier, down from 8.5% in February, according to data released Friday by the European Union’s statistics agency, Eurostat.…

Inflation eases, stays high, Fed in tough spot

March 14, 2023

The government said Tuesday that prices increased 0.4% last month, just below January’s 0.5% rise. Yet excluding volatile food and energy costs, so-called core prices rose 0.5% in February, slightly…

Fed’s rate hikes likely to cause a recession

February 24, 2023

A group of leading economists, and two Fed officials produced a new paper that addressed its conclusions in their own remarks Friday shows that when inflation soars, as it has…

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