Iran, Fed and inflation
Digest more
US wholesale inflation accelerated to its highest level in a year in February, adding to concerns that price pressures remained high even before the Iran war began. Data released
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index rose 2.7% in November over the past 12 months, down from ...
Add Yahoo as a preferred source to see more of our stories on Google. Inflation remained unchanged in December, according to a federal report released Tuesday. This past month’s inflation rate was 2.7 percent, matching November’s rate and lower than ...
By Lucia Mutikani WASHINGTON, March 18 (Reuters) - U.S. producer prices increased by the most in seven months in February, driven by higher costs for services and a range of goods, and could accelerate further as the war in the Middle East boosts oil prices and the pass-through from tariffs persists.
Consumer prices rose 0.3% in December, driven by rents and food Food prices posted their biggest monthly gain in more than three years Core inflation remained moderate, keeping rate cuts in play later this year Shutdown-related data distortions masked some ...
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to caution Thursday that the Consumer Price Index slowing to 2.7% ...
By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, and the dragging Middle East conflict threatens to add to inflation, bolstering expectations that the Federal Reserve would not resume cutting interest rates before September.