Here’s the deflation breakdown for July 2024 — in one chart
Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…
Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department…
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…
High inflation is largely not Biden’s or Trump’s fault, economists say
Inflation decelerated again in June, bringing further relief to consumers’ wallets. The consumer price index rose 3% in June 2024…
Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…
Euro zone inflation eases to 2.5% as core print misses estimate
Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the…
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…
