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US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.
An underlying inflation measure that captures longer-lasting trends remained elevated. Consumer prices increased 4.9% from a year earlier, down from 5% in March and a 40-year high of 9.1% last ...
That’s the six-word verdict from Apollo’s chief economist Torsten Sløk on where U.S. inflation is headed. Sløk feels the worst impacts of President Trump’s tariffs still lie ahead. Prices, he warns, ...
Opinion
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On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend of upwards inflation—and warns that President Trump's tariffs, which haven't ...
Prices continued to trend down toward the Federal Reserve's 2% target last month despite the rollout of sweeping tariff hikes. The Consumer Price Index rose 0.2% in April for an annualized ...
Headline inflation rose 3.4% on an annual basis in December, the Bureau of Labor Statistics reported Thursday, up from 3.1% the previous month. That was the biggest gain in three months and easily ...
Prices of some items, such as eggs, have come off their peak. But, he says, “They seem to have landed at a higher spot.” And dinner at a casual restaurant costs more than $100, up from $50 to $70.
Seasonally adjusted Rent of Primary Residence is expected to increase 0.28% in June, up from 0.21% in May, according to ...
“The Consumer Price Index in the United States averaged 124.59 points from 1950 until 2024, reaching an all-time high of 314.80 points in August of 2024 and a record low of 23.50 points in ...
"The November CPI data probably do not move the needle much for the FOMC this week. Falling gasoline prices and modest food inflation restrained the headline CPI to just a 0.1% increase in the ...
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