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Inflation Picked Up In June As Tariffs Pass Through
Core inflation, which excludes volatile food and energy prices but also places more weight on housing services prices, was a bit lower. According to the BEA, core PCEPI grew 3.1 percent in June, up from 2.6 percent in the preceding month. It has averaged 2.6 percent over the last three months and 2.8 percent over the last year.
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
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Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
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A key measure of inflation posted the biggest increase in four months in June as the delayed effects of higher U.S. tariffs ...
The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based ...
The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while ...
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
The Federal Reserve's preferred measure of underlying inflation, the so-called core personal consumption expenditures price ...
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South Africa's Finance Minister Enoch Godongwana said on Friday that an expectation had been created that he would announce a ...
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