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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, strengthening the case for rate cuts. But the hotter-than-anticipated ...
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer ...
While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.
The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff ...
Nigeria's annual inflation rate eased in July to 21.88% from 22.22% in June, marking the fourth month of decline, data from ...
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
The Canadian Press on MSN2h
Economists expect tariffs lifted food prices, core inflation in July
Tariff impacts are expected to keep underlying inflation elevated in July, a Desjardins economist says, even if the headline ...
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