The 2.6% increase in "core" CPI matches the rise reported in November and equals the slowest pace of annual inflation since ...
July's Consumer Price Index (CPI) inflation report on Aug. 12 cast a shadow over rising hopes that the Fed would cut rates at its next meeting on September 17. The CPI data showed that year-over-year ...
And if 2026 forecasts are correct, we may have to keep waiting.
The consumer price index rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation rate at 2.3%, its lowest since February 2021. The core CPI also increased 0.2% for the month, ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years. The headline index was up 2.1% ...