Today, the Core Inflation Rate for July was released, showing a monthly increase of 0.3%. This figure was exactly in line with market expectations and marks a slight rise from the previous month’s ...
SALT LAKE CITY — A Tuesday report from the Labor Department shows overall annual inflation held steady in July even as prices on consumer goods and services moved up slightly on a monthly basis.
NEW YORK (Reuters) -The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose 0.2% in July, versus the unrevised 0.3% rise in June and matched the ...
By two measures - the inflation rate and the Federal Reserve's target for "price stability" - the statement is inaccurate.
The bank has two preferred measures of core inflation which strip out the prices of more volatile items and are designed to ...
The July CPI report has put the Federal Reserve in a “predicament” regarding a September rate cut, as stubbornly high core inflation conflicts with a weakening labor market, fueling fears of ...
Core CPI, which excludes the more volatile energy and food prices and is considered a better gauge of inflation’s future path, was up 3.1% year over year in August. Economists had expected core ...
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since ...
The Bank of Canada (BoC) is taking a hard look at the tools it uses to track inflation, opening a debate over how clear a central bank can — or should — be in a world of economic shocks. Observers ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Annual inflation picked up pace a little in the eurozone last month, cementing expectations that the European Central Bank will leave interest rates unchanged for a second-straight meeting next week.