The Fed raised rates 11 times in the past two years to tamp down on inflation. The market expects them to begin reducing ...
"People can't go out and buy cereal or bacon or eggs or anything else," former U.S. President Donald Trump said in the debate ...
Consumer prices declined 0.1% from May to June, lighter than estimates of 0.1%, beating April to May’s 0% change and dipping month ... lower inflation bolsters the case for interest rate cuts ...
This is important because housing carries a large weight in the CPI series. Inflation is a 12-month rate of change in prices. Hence each month, one new month of data is added, and a month of data ...
It was the first time in more than three years that the 12-month inflation rate as measured by the Consumer Price Index dropped below 3%, and it may clear the way for the Federal Reserve to start ...
With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...
After two years of high interest rates, Jerome Powell’s Federal Reserve is now pivoting to easing monetary policy. The Fed’s ...
The market performed better if there wasn’t a subsequent recession or if the economy was already in recession during easing.
U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week ...
The market rate on new leases is a timelier indicator of where overall housing inflation will go over the next year or so. Measures of 12-month inflation in new leases rose to nearly 20 percent ...
Some items saw the rate of inflation accelerate. These included: Tea, where the average price jumped 8.4% in the 12 months to July compared with a smaller rise of 6.8% in the year to June.
The unexpected increase in the core inflation rate to 3.6% will likely leave the Bank of England in a holding pattern.