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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 ...
Markets got back to treading water this week, as inflation and tariff concerns have some analysts pushing the next interest ...
While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not ...
Businesses across the economy are passing increased input costs from tariffs along to consumers in the form of higher prices, ...
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of ...
The Federal Reserve looks to be in the clear to cut rates in September, given easing inflation data from the shelter component of June's CPI, according to Tani Fukui, senior director of global ...
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