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Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
Most of the rise in inflation reported by the Labor Department on Wednesday came from higher food prices as well as more expensive motel and hotel rooms. "The data have given the Fed the 'all ...
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed's preferred measure. Yet yearly core inflation has fluctuated between 2.6% and 2.8% since February.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... There was also good news on inflation last month after a ...
Monthly inflation readings of 0.2% over time are necessary to bring inflation back to target. U.S. Treasury prices rose, with the yield on the benchmark 10-year note backing away from a five-month ...
The latest inflation data is unlikely to shift the Fed’s plans for eventually cutting interest rates. Central bankers including Powell have signaled that achieving 2% inflation will be a bumpy path.
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