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June CPI: Fed still needs 'reassurance' to cut rates
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the 2.4% seen in May but lower than the 2.7% economists expected. Investors weigh whether President Trump's tariff policy is fueling inflation in the US economy and what it means for the Federal Reserve.
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after ...
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
Businesses across the economy are passing increased input costs from tariffs along to consumers in the form of higher prices, ...
Markets got back to treading water this week, as inflation and tariff concerns have some analysts pushing the next interest ...
Vice President of Lending for Team Hochberg at Homeside Financial and host of WGN’s “Home Sweet Home Chicago” David Hochberg ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
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