Inflation

Anton Petrus/Getty Images (NEW YORK) — Wall Street and Washington, D.C., will closely watch the release of fresh inflation data on Wednesday that could reveal whether a monthslong cooldown of price increases returned to form in August or struck a rough patch as inflation nears normal levels. The fresh data follows an uptick in July […]

Anton Petrus/Getty Images (NEW YORK) — Consumer prices rose 3.2% last month compared to a year ago, marking an uptick that reverses some of the progress achieved in the monthslong fight to bring inflation down to normal levels, government data showed. The data, however, outperformed economist expectations of a larger increase. Inflation stands well below […]

Cyril Marcilhacy/Bloomberg via Getty Images (NEW YORK) — A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end — but the costs of some staple items continue to soar. Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown from a […]

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown and raising hopes that a prolonged bout of heightened inflation is nearing its end. The fresh data Wednesday morning from the Bureau of Labor Statistics arrives days after a government release indicated that hiring slowed […]

Javier Ghersi/Getty Images (WASHINGTON) — Inflation data to be released on Wednesday will show whether the U.S. economy extended a monthslong cooldown of price increases in June, offering further relief for consumers and welcome news for the Federal Reserve as it weighs an additional interest rate hike. The fresh data arrives days after a government […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 4% last month compared to a year ago, dropping more than expected and bolstering hopes that inflation will return to normal levels. The fresh data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to extend […]

Javier Ghersi/Getty Images (NEW YORK) — Policymakers and consumers on Tuesday will closely watch the release of fresh data on consumer prices, which will show whether inflation has continued its monthslong slowdown. The inflation data for May arrives a day before the Federal Reserve will announce its latest rate decision as it determines whether to […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 6.4% last month compared to a year ago, continuing a months-long slowdown of price increases despite blockbuster job growth that revealed an economy running hotter than expected, government data on Tuesday showed. The data marked the seventh consecutive month of smaller price hikes. In December, year-over-year […]

Javier Ghersi/Getty Images (NEW YORK) — Inflation data set for release on Tuesday will show whether the U.S. continued a months-long streak of easing price increases despite blockbuster job growth last month that revealed an economy running hotter than expected. Forecasters predict that year-over-year inflation stood at 6.2% in January, which would mark the seventh […]

Liu Jie/Xinhua via Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank’s fight against inflation has “a long way to go,” citing a blockbuster jobs report last week that showed the labor market remains hot despite the Fed’s efforts to cool the economy. “This process is likely to take […]