Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12-month increase since February. On a ...
For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted ...
Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...
Consumer prices increased 2.9% in August compared to the same time last year. That’s above the Federal Reserve’s 2% target. Inflation is rising as the job market is weakening. Inflation rose again ...
U.S. inflation accelerated modestly in August, offering some leeway for the Federal Reserve to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, the Labor ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
The consumer price index showed that overall inflation increased at a 2.7 percent annual rate, the same as in June. New inflation figures released Tuesday added to signs that President Donald Trump’s ...
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