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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...

Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation

Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.

Inflation Rose Less Than Expected In July, But 'Core' Inflation Stayed Hot

The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer ...

Investors double down on September Fed cut after CPI

NEW YORK (Reuters) -Investors are betting harder on a September Federal Reserve interest rate cut after last month's mild ...

Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations

World shares rallied on Tuesday as U.S. consumer prices data failed to shake market expectations of an impending Federal ...

US inflation held steady as mild tariff hit offset by cheaper gas, food

The figures suggest that slowing rent increases and cheaper gas are offsetting some impacts of President Donald Trump’s ...

Inflation on Long Island ticks up slightly in July vs. 2024

Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...