Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
Inflation cooled for the 12th consecutive month in June, moving to 3% from 4% in May, according to the latest Consumer Price Index data from the Labor Department.
2023-07-13 03:47
Will cooling inflation help sell Bidenomics?
This weird post-pandemic, inflation-addled economy has been scrambling preconceived notions for years. And it is with that background that anyone should read this unquestionably good economic news: Inflation is unquestionably cooling.
2023-07-13 01:56
AI promises to make us more productive. That could help curb inflation
When an airline in the Middle East was recently inundated with 16,000 applications for several cabin crew roles, it turned to artificial intelligence to sift through the resumes and select the most promising candidates.
2023-07-12 21:29
Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:58
US inflation cooled in June for the 12th straight month
What a difference a year makes.
2023-07-12 20:47
US consumer prices rise modestly in June; core inflation slowing
WASHINGTON U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two
2023-07-12 20:46
Why the Fed wants a good inflation report — but not a good jobs report
When it comes to the job market, the Federal Reserve seems to want the latest data to bear bad news for the average American. But with inflation, the Fed is rooting for good news.
2023-07-12 05:27
Brazilian inflation hits nearly three-year low; rate cuts on the horizon
By Gabriel Araujo SAO PAULO (Reuters) -Brazil's annual inflation in June fell to its lowest level since September 2020, data
2023-07-11 21:58
Florida is now America's inflation hotspot
Florida is America's inflation hotspot because of a persistent problem with sky-high housing costs.
2023-07-11 02:46
Brazil likely registered deflation in June, adding to rate cut case: Reuters Poll
By Gabriel Burin Brazil likely registered mild deflation in June in monthly terms from lower fuel costs and
2023-07-10 21:26
China's deflation pressure builds as consumer prices falter
BEIJING (Reuters) -China's producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered
2023-07-10 15:20
Could the June CPI report change the Fed's rate trajectory?
After the June jobs report showed a cooling but still-hot picture of the labor market, investors are looking to a key inflation report due Wednesday for more clues on the economy's health. But some investors say the results will likely do little to sway the Federal Reserve's interest rate trajectory.
2023-07-09 19:45