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The inflation data followed last Friday's employment report, which showed an acceleration in job and wage growth in April as well as the unemployment rate falling back to a 53-year low of 3.4%.
US inflation slowed more than expected in February, with core inflation posting its smallest gain since 2021 -- although the data was gathered before President Trump began amp up his tariff wars ...
Compared with a year ago, prices are up 3.1%. That is less than the 3.4% figure in December and far below the 9.1% inflation peak in mid-2022.
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic ...
US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures. The consumer price index, excluding often volatile ...
Inflation was softer than expected in April — sparking a fresh push from President Trump on Fed Chairman Jay Powell to slash interest rates. The Consumer Price Index rose 2.3% in April from a ...
Many economists expect inflation to fall to roughly 4% later this year. But it could plateau at that point so long as hiring and wage gains remain vigorous.
Japan's annual wholesale inflation slowed in June for the third successive month, data from the Bank of Japan showed on Thursday, backing up the central bank's view that price pressure from rising raw ...
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. The ...
U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. Tuesday’s ...