Inflation

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 […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 6.5% last month compared to a year ago, extending a months-long slowdown of price hikes and bolstering hopes that the U.S. can avert a recession. Year-over-year inflation has fallen for six consecutive months since it reached a peak of 9.1% in June. Despite the slowdown in […]

Javier Ghersi/Getty Images (NEW YORK) — Inflation data set for release Thursday will show whether months of cooling price increases continued in December. Evidence of further slowing would ease the strain on household budgets and bolster hopes that the U.S. can avert a recession. A sign that inflation turned upward, however, would indicate that the […]