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According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.4% year-over-year, up ...
As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide inflation closer to 2%. How Does the Fed Use CPI Data? CPI data is one of the Fed’s ...
The Consumer Price Index was forecast to rise ... which marks the fourth consecutive month of higher inflation, showed that the following items saw price increases on a month-over-month basis.
The Pound US Dollar (GBP/USD) exchange rate edged higher on Wednesday following the release of the US’s latest consumer price ...
(AFP via Getty Images) The consumer price index reading for August will be one of the last major economic releases ahead of the Federal Reserve’s Sept. 17-18 policy meeting. If the inflation ...
The rate of inflation fell in the spring to the lowest level in more than four years even as high U.S. tariffs threatened to ...
Core CPI also rose 0.4%, below the December increase of 0.2%. Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to 2.9% ...
“From goods to services, the June CPI report really pushed all the right buttons,” Pride said. But while the June inflation data provided the third consecutive month of moderating price ...
core CPI rose 0.2% from June and saw its annual rate slow to 3.2% from 3.3%. Core CPI inflation is now running at its slowest pace since April 2021. The cost of owning and renting a home rose ...
Economists had anticipated that the CPI inflation would rise 0.2% in August, according to FactSet’s consensus estimates. Annual inflation had been forecast to come down to a 2.6% rate.
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