Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole ...
Producer price index jumps 0.9% in July, largest since 2021. Trump’s tariffs blamed for rising import and production costs. Businesses may soon pass higher costs to consumers. Fed may delay rate cuts ...
Inflation increased in July and moved further away from the Federal Reserve's target rate as central bank policymakers assess the health of the economy amid the president's calls for interest rate ...
(Bloomberg) -- While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the highest price growth among big Western economies. Granted, ...
U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
In 2020, the Federal Reserve (the Fed) responded to an acute recession by cutting interest rates and launching large-scale asset purchases to support credit and stimulate demand. Then, inflation in ...
Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Wall Street got just the inflation report it was looking for on ...
A key official in the Trump administration's economic team is touting the latest inflation data as showing that a tariff-induced rise in consumer prices is yet to materialize and seems unlikely to do ...
WASHINGTON -- U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump's sweeping taxes on imports are pushing costs up and that higher prices for consumers may ...