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Inflation measures how much more expensive a set of goods and services has become over a certain period, usually a year It may be one of the most familiar words in economics. Inflation has plunged ...
Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as September. WSJ’s Nick Timiraos breaks down key moments from Powell’s Jackson Hole speech. Photo: David ...
New data suggests a notable deceleration in the U.S. inflation rate, potentially offering some relief to both consumers and ...
US consumers probably experienced a slight pickup in underlying inflation in July as retailers gradually raised prices on a variety of items subject to higher import duties. The core consumer price ...
President Donald Trump's tax and spending package introduces annual inflation adjustments on many new items that will give Americans much needed help to better keep up with rising prices, even if they ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
A key inflation report is looming, but it's possible that the July data paints a dismal picture of the economy whether it shows prices rose or fell. The July consumer price index report is expected to ...
EDITOR’S NOTE: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Even Wall Street, which lately has been drunk on a cocktail of AI ...
A July inflation report that was cooler than expected has pushed up rate-cut odds. Stocks jumped on Tuesday after the report as bullish traders adjusted their outlook for monetary policy. Trump ...
Inflation continued to dog shoppers last month, as consumers were forced to shoulder more of the cost of President Trump's tariffs. Consumer prices in July were up 2.7% from a year ago, according to a ...
Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...
Inflation held steady in July as President Donald Trump’s sweeping import tariffs took a toll on some U.S. consumer prices. An underlying inflation measure accelerated more than expected as prices of ...