The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
The latest consumer price index report showed inflation hit a 3-year high in May. But there are also signs in it that ...
One of the Fed chair's favorite inflation measures came in cool again, offering evidence for his belief inflation is improving and against the view of a growing number of other policymakers that ...
The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from January (+4.6% annualized), the biggest jump in a year. Year-over-year, the PCE ...
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A deeper dive into US core inflation
Kevin Warsh has argued for lower US interest rates by pointing out that a less commonly used measure of inflation, namely, the trimmed mean, is close to the Fed's 2% target. Putting aside the problems ...
Euro area HICP inflation accelerated to 3.2% YoY in May, the highest since September 2023, driven by energy and services price pressures. Core inflation rose sharply to 2.5% YoY, exceeding consensus, ...
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