Inflation is inching closer toward the Fed’s 2% target

Yet another favorable piece of economic data shows that price hikes are slowing and that long-unruly inflation appears to be tamed. Read More

Fed’s Preferred Inflation Measure Cooled Overall in June

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down. Read More

Fed Chair Jerome Powell: US Inflation Is Cooling Again, Though It Isn't Yet Time to Cut Rates

Fed Chair Jerome Powell: US Inflation ... (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday ... Read More

Breaking: US core PCE inflation retreats to 2.6% as forecast

This section below was published as a preview of the US PCE inflation report at 06:00 GMT. The core Personal Consumption Expenditures Price Index is set ... data is slated for release at 12: ... Read More

US Economy News Today: Consumer Sentiment Declines Despite Easing Inflation Expectations

She has logged thousands of hours interviewing experts, analyzing data, and writing articles to help readers understand economic forces. She is the Economics Editor for news at Investopedia. Read More

Inflation Data Latest: What Wall Street Is Saying About PPI

Producer-price inflation in June came in hotter than expected, and the reading for May was revised higher, a day after another inflation report showed consumer-price pressures are moderating. Read More

US Economy News Today: Inflation Slowed in May, Buoying Rate Cut Hopes

She has logged thousands of hours interviewing experts, analyzing data, and writing articles to help readers understand economic forces. She is the Economics Editor for news at Investopedia. Read More

Dow Jones Industrial Average recovers ground on Friday

The Dow Jones continues to test chart paper on the high end, deep in bull country and trading 7% above the 200-day Exponential Moving Average (EMA) at 37,837.12. If short pressures resumes and drags ... Read More

US Stocks Climb On Improving Inflation Data

The data, an improvement from April, increases the odds of a Federal Reserve interest rate cut in 2024, although inflation still stands above the central bank's long-term target. About 15 minutes ... Read More

ASX notches up healthy session ahead of key US data

US stocks are moving higher to send Wall Street toward more records while Fed chief Jerome Powell said he was “not sending any signals” about when cuts to rates could arrive. Read More

US equity funds see sharp inflows ahead of inflation data

Reuters Graphics Reuters Graphics Investors awaited the 1230 GMT release of the Federal Reserve's favored inflation gauge, the personal consumption expenditures (PCE) price index, expecting a ... Read More

Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Canada's annual inflation rate fell to 2.7 per cent in June, with Statistics Canada largely attributing the deceleration to slower year-over-year growth in gasoline prices. Read More