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June CPI: Fed still needs 'reassurance' to cut rates
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the 2.4% seen in May but lower than the 2.7% economists expected. Investors weigh whether President Trump's tariff policy is fueling inflation in the US economy and what it means for the Federal Reserve.
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after ...
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not ...
Businesses across the economy are passing increased input costs from tariffs along to consumers in the form of higher prices, ...
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
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