The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
May CPI headline inflation rose 0.5% MoM and 4.2% YoY, driven almost entirely by energy price shocks from Middle East ...
U.S. inflation accelerated in May for the third month in a row, as the Consumer Price Index rose 4.2% from a year earlier, ...
The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...
WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.
While some central banks have hiked rates recently due to inflationary pressures triggered by the US-Iran conflict, others ...
OSLO, June 10 (Reuters) - Norway's annual core inflation rate rose unexpectedly in May, Statistics Norway (SSB) data showed on Wednesday, supporting expectations interest rates could increase further ...
OTTAWA — Higher gas prices driven mainly by the war in Iran pushed inflation higher in April but some economists argue the conflict's looming costs haven't been fully captured in the latest price data ...
Consumer prices surged 3.8% in April from a year ago, according to the Labor Department. We hear from people who are feeling the effects of inflation and how they're dealing. Consumer prices surged ...