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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 Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after ...
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
Gold prices dipped despite tariff threats and Fed tensions. Policy uncertainty may keep XAU/USD supported as traders await ...
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 ...
The CPI rose 0.3% month-over-month in June, accelerating from May’s 0.1% pace. Year-over-year inflation also jumped to 2.7%, ...
Investor's Business Daily on MSN5d
CPI Inflation Due; Tariff Escalation, Bid To Oust Fed Chief Powell Raise S&P 500 Stakes (Live Coverage)The consumer price index for June is expected to show that Trump tariffs began to nudge inflation higher last month.
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