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Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
The yield on the 10-year Treasury note jumped Wednesday to 4.62% in response to the inflation report, a sign that investors expect interest rates, growth and inflation to be higher in the coming ...
Consumer prices rose 0.5% from December — the fastest pace since September 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest ...
About halfway in between the two posts, at 8:30 a.m. ET, the latest data from the Bureau of Labor Statistics was released showing that the Consumer Price Index (CPI) increased 3% over the prior ...
Revisions to both the July and August report showed the US economy added 72,000 more jobs during those two months than previously reported. Meanwhile, the unemployment rate fell to 4.1% from 4.2% ...
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 ...
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.
The latest data, which came out Wednesday after Biden's recent remarks, pegs the current year-over-year inflation rate at 3.4%, a slight downtick from a 3.5% rate in March.