US producer prices flat; higher monthly core inflation expected in September
U.S. producer prices were unchanged in September as a small rise in the cost of services was offset by cheaper goods, ...
US inflation reaches lowest point in 3 years, though some price pressures remain
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the ...
Will San Diego’s inflation rate drop below 2 percent?
San Diego County’s inflation rate fell to 2.5 percent in September, its lowest in more than three years. The region’s ...
CNN21d
A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
However, for the month, core inflation inched up by 0.1% in August from 0.2% in July. Economists forecast a 0.2% rise in core inflation last month. President Joe Biden touted the report as a ...
US dollar firms on Fed outlook, potential Trump win; pound sinks after inflation data
The U.S. dollar firmed on Wednesday, hitting a new 10-week high, as investors priced out a hefty interest rate cut from the ...
New York Post20d
Inflation shows further signs of cooling off as PCE rose 2.2% last month
The personal consumption expenditures price index (PCE), the Fed’s preferred measure of inflation, showed that the rate at which prices rose for goods and services last month was 2.2% — below ...
US shoppers spent more at retailers last month in latest sign consumers are driving growth
Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices.
US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
The last time it rose this much was July 2023, when the Fed was still increasing interest rates in its battle to bring down ...
US has cut rates, inflation in India is below 4%, so why hasn’t RBI cut interest rates for 20 months now?
The RBI’s policy panel kept the Repo rate steady in a 5:1 majority decision. New MPC Member Nagesh Kumar, Director and Chief ...
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
Gold rose over 1% on Friday after a U.S. inflation data cemented prospects of a rate cut next month, restraining the dollar ...
US inflation reaches lowest point since February 2021, though some price pressures remain
Inflation in the U.S. dropped last month to its lowest point since it first began surging more than three years ago.
Sun Sentinel8d
US inflation reaches lowest point in 3 years, though some price pressures remain
WASHINGTON (AP) — Inflation in the United States ... The central bank reduced its key rate by an outsized half-point last month, its first rate cut of any size in four years.