Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
Consumer prices jumped 2.9% in August 2025—the fastest pace of the year—driven in part by the Trump tariffs, which have pushed inflation expectations to 4.8%, well above the Fed’s 2% target. For ...
Federal Reserve Bank of New York President John Williams said inflation risks have receded, while those for employment have moved up. There’s been a “kind of re-balancing of the risks, from one where ...
Federal Reserve Bank of Cleveland President Beth Hammack said she remains laser-focused on inflation and officials should be cautious about interest-rate cuts to avoid overheating the economy. Hammack ...
Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in October by the Federal Reserve. The core personal consumption expenditures ...
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SYDNEY—Inflation pressures are once again building in Australia, with a monthly reading of price pressures hitting its highest level in just over a year in August. The monthly consumer-price index ...
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...
Tariffs are fueling a significant chunk of price hikes across the economy, according to a survey of executives released Wednesday.
New York is sending out inflation refund checks to millions of taxpayers starting Friday. According to Gov. Kathy Hochul's office, about 8.2 million households will each receive up to $400 from the ...
The equity rally rolled on last week as the Federal Reserve delivered the expected quarter-point cut to the federal-funds rate and supplied a median projection of two more cuts by year end. All three ...