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US inflation
US Economy
Powell says latest inflation data 'in line with expectations'
However, he adds it won’t be appropriate to lower rates until officials are confident inflation is on track toward their 2% goal.
March 29, 2024
US Economy
Fed’s preferred inflation metric cools while spending rebounds
The so-called core personal consumption expenditures price index, which strips out food and energy, increased 0.3% m-o-m.
March 29, 2024
US Economy
US inflation tops forecasts in blow to Fed rate-cut hopes
The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from December.
February 13, 2024
US Economy
US inflation accelerates, tempering case for Fed to cut rates
The consumer price index increased 3.4% in the year through December, the most in three months according to government figures.
January 11, 2024
US Economy
US core CPI picks up in sign of bumpy path down for inflation
US underlying inflation picked up in November, reinforcing the Fed’s intent to keep interest rates elevated in the near term.
December 12, 2023
Global Economy
Briefs: Biden and Xi strike deals on military comms, fentanyl, AI; Cameron makes surprise UK cabinet comeback
"The way we value IQ over EQ might change." –— President Tharman Shanmugaratnam.
November 17, 2023
US Economy
US consumer prices rise at brisk pace for second straight month
US consumer prices advanced at a brisk pace for a second month.
October 12, 2023
US inflation slows in May, giving room for Fed to pause rate hikes
At 4%, year-over-year inflation is now at its lowest level since March 2021.
June 14, 2023
US Economy
US core inflation slows only a bit, keeping Fed on track to hike
The core consumer price index — which excludes food and energy and is closely watched by the Fed — rose 0.4% from the prior month.
April 13, 2023
US Economy
Fed traders eye CPI after jobs data boost odds of a May hike
Concerns about the health of banks and the pace of credit creation will also be uppermost in investors’ minds.
April 07, 2023