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Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
The Indian rupee fell on Wednesday as the latest U.S. inflation report showed that tariffs were beginning to feed into prices ...
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Core inflation eases, but rising headline CPI and energy costs keep inflation concerns alive. Click for our full review of ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the ...
Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any ...