While the U.S. CPI inflation report on Tuesday showed a slightly softer-than-expected annual increase in core prices, there's little reason for consumers or policymakers to cheer.
Jeffrey Gundlach said one of his top recommendations is to invest in non-US stocks in non-dollar currencies.
While annual inflation held steady at a rate of 2.7% in December, consumers still faced higher prices at the grocery store.
The consumer price index increased 2.7% in December as expected, matching the year-over-year increase in November.
The US Federal Reserve, in its latest policy meeting held on January 27-28, decided to keep its key benchmark interest rates unchanged at 3.5 to 3.75 per cent, citing low job gains, signs of ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...
In its policy meeting on January 28, the US central bank held interest rates steady, defying President Donald Trump’s ...
Food prices are rising at their fastest monthly pace since 2022, data showed.
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...
While another stress area for Jerome Powell—the labor market—has visibly eased a bit of stress, as the US Department of Labor ...
WASHINGTON, Dec 12 (Reuters) - Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living ...
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