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The Commerce Department released its PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
Inflation reaccelerated in May, rising at the highest level seen in four decades, dashing hopes that the number had hit its peak, according to data released by the federal government Friday. The ...
Excluding volatile food and energy, core inflation increased 2.9% in June from a year earlier, up from 2.8% in May. On a monthly basis, it picked up 0.2% from May to June.
Core inflation increased at a 2.9% annual rate in June, slightly below the 3% consensus forecast, but slightly faster than in May.
Excluding volatile food and energy, core inflation increased 2.9% in June from a year earlier, up from 2.8% in May. On a monthly basis, it picked up 0.2% from May to June.
But the Fed gives more weight to the so-called core rate of inflation, and that showed a 0.2% increase in May. The core rate omits volatile food and energy prices and is seen as a better indicator ...
Grocery prices rose 0.3% in May, according to the latest Consumer Price Index, with increases seen in categories like cereal, frozen foods, snacks, and fresh fruit — despite overall inflation ...
Every weekday I look at the biggest stories in markets and economics, and explain what it all means for your money. Inflation has been the big economic concern for several years now, across much of ...
Canada Inflation Steady at 1.7% in May — Update Provided by Dow Jones Jun 24, 2025, 6:08:00 AM ...
9don MSN
Tariffs may lower medium-term inflation risks, curb spending, says New Zealand central banker
A top New Zealand central banker said on Thursday that while the full impact of U.S. tariffs remains uncertain, they could ...
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