Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus. Read More

In the Fed's hunt for a reason to cut rates, surveys and tariffs make answers elusive

Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining if slowing growth or inflation is the greater risk to the U.S. economy, ... Read More

Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon

The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for the Federal Reserve to cut interest rates soon against the backdrop of ... Read More

Fed Holds Rates as Inflation Eases – July Cut Seems Possible

May’s inflation numbers came in soft, and the Federal Reserve is staying patient. The latest data showed core PCE inflation rose just 0.1% for the ... Read More

Inflation Cooled Off Again in July - Business Insider

Inflation cooled in July based on the consumer price index. CPI rose 2.9% over the year in July, just below the forecast. Economists think the Fed should cut interest rates given cooling inflation ... Read More

July Inflation Data Supports Fed Rate Cut, Economists Say: 'No News Is Good News' - Benzinga

According to the CME FedWatch Tool, there is a 54.5% chance that the Fed will cut rates by o0.25% in September. "The probability of the Fed cutting by a half percent is still elevated," says LPL ... Read More

Consumer Prices Rose in July, but Inflation Continues to Slow - Inc.com

U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rates next ... Read More

Inflation cooled sharply in March ahead of tariffs, according to CPI - The Washington Post

The Fed has done a good job keeping long-term inflation expectations under control, Kansas City Fed President Jeffrey Schmid said Thursday, but he still urged caution moving forward. Read More

Inflation steady in July, consumer spending rose - The Hill

Inflation was steady at 2.5 percent in July and consumer spending rose as all eyes turn to the Fed, which is expected to cut interest rates next month. Read More

Inflation Cools to 2.9%, Shoring Up Case for a Fed Rate Cut

The Consumer Price Index reading in July was the mildest year-over-year increase since 2021. 10 Inflation 8 6 +3.2% excluding The Consumer Price Index cooled in July compared with a year earlier ... Read More

US inflation slowed again in July, clearing the way for the Fed to begin cutting rates - Dallas News

This month, the government reported that hiring slowed much more than expected in July and that the unemployment rate rose for a fourth straight month, though to a still-low 4.3%. Read More

CPI report is out: What does latest July data mean for US economy? - USA TODAY

The annual inflation rate hadn't dipped below 3% since March 2021. Inflation has gently declined this summer, following a brief spike in spring. On a monthly basis, prices rose 0.2%. Read More