And if 2026 forecasts are correct, we may have to keep waiting.
Economists forecast the CPI to rise 0.2% in May after rising by the same amount in April. The goods data will be closely watched for early signs of tariff-driven inflation, with larger impacts ...
While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed ...
The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above ...
The Federal Reserve‘s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in ...
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall Street watches inflation data with bated breath amid the standoff between the ...
Economist say the new consumer price data is based on incomplete information because of the government shutdown.
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.7% year-over-year in May. This was higher than the expected 2.6% growth and a pickup from 2.6% in April. The headline index was up ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation ...