Fed’s key gauge rose 2.5%
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. …
Consumer prices
FIFA 2026 World Cup plan to cash in on high-end sports tourism
Football fans are seen at the Hamad international Airport ahead of the 2022 FIFA World Cup. Anadolu | Anadolu | Getty Images For consumers who are continuing to spend on …
Dow jumps 700 points, gold hits record, HSBC new CEO
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images This report is …
Dow soars 700 points to record close
Traders work on the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily …
6 categories cheaper today than before pandemic
It’s the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation. So when worldwide …
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers. Deflation measures how quickly prices are falling for a …
Here’s the inflation breakdown for June 2024 — in one chart
David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for consumers’ wallets. The consumer price …
CPI inflation report June 2024:
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for the Federal Reserve to start lowering interest rates later this …
Here’s the inflation breakdown for May 2024 — in one chart
Customers purchase gas at a station in Chicago, Illinois, June 11, 2024. Scott Olson | Getty Images Inflation fell slightly in May, as positive trends such as lower gasoline prices …
Consumer prices unchanged in May
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department reported Wednesday. The CPI, a broad inflation …