Federal Reserve Holds Rates, Sees Inflation Rising
Federal Reserve Holds Rates, Sees Inflation Rising \ Newslooks \ Washington DC \ Mary Sidiqi \ Evening Edition \ Federal Reserve officials expect inflation to rise due to tariffs but…
inflationary pressures
US inflation slows in June to 3%, labor costs cool in Q2
U.S. annual inflation logged its smallest increase in more than two years in June, with underlying price pressures moderating, a trend that, if sustained, could push the Federal Reserve closer…
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US inflation falls to 3%, lowest level in 2 years
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…
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EU inflation slips to 5.5%, but ECB to hike rates
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…
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Fed’s Jefferson: Little progress on core inflation
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…
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Fed’s Tom Barkin: Inflation still ‘stubbornly high’
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…
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US prices pick up; Inflation pressures persist
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…
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A Key Inflation gauge remained high in March
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…
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Cheaper gas and food prices eased US inflation
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…
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Europe’s inflation eases to 6.9%, but food up
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.…
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Inflation eases, stays high, Fed in tough spot
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…
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