News

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...

Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation

Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets

Investors think the Fed will almost definitely cut interest rates in September, and they are hoping that the consumer price ...

CPI report reveals inflation held steady in July as tariffs threatened wider impact

Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation ...

European indexes in green as global sentiment improves after U.S. inflation

The pan-European Stoxx 600 ( STOXX) added 0.47% to trade around 550.5 on Wednesday, as global sentiment improved after the ...

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Consumer prices are forecast to have risen 2.8 percent in July from a year earlier, according to a survey of economists by ...

Inflation unchanged from June but fears of tariff price increases continue

Annual inflation stayed steady in July at 2.7% and rose 0.2% from June. But “core” inflation that doesn’t include volatile ...