The consumer price index rose 2.8% for the 12 months ended in February, the U.S. Bureau of Labor Statistics reported ...
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
6-month CPI accelerated further, rising by 3.63% annualized, the worst increase since September 2023. The “Core” CPI, which ...
Stripping out more volatile food and energy prices, the core CPI also moderated, coming in at 0.2 percent in February. That ...
The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...
The Dow Jones rose early on Wednesday after US CPI inflation cooled faster than expected.
M/M vs. +0.3% consensus and +0.5% prior, according to data released by the U.S. Bureau of Labor Statistics on Wednesday.
Statistics Canada will release the February inflation report on Tuesday, as estimated by the Consumer Price Index (CPI).
CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for a 2% annual rate over ...