News

Inflation cools slightly in July from prior month

The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs ...

Chicago Fed's Goolsbee says July producer-price report was a 'dangerous data point'

Chicago Fed President Austan Goolsbee said the surprising jump in producer-price inflation in July was a "dangerous data ...

Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

Inflation Held Steady at 2.7% in July

Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain ...

UK Inflation Accelerated to 18-Month High in July

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...

South Africa's consumer inflation rises in July as expected

South Africa's headline consumer inflation rose to 3.5% year-on-year in July from 3.0% in June, in line with economists' ...

Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested ...

Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...