By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...
Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
Economists raised their forecasts for a key gauge of US inflation this year and boosted estimates for job creation, scrapping ...
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm ...
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price ...
The Fed's preferred inflation measure, the PCE price index, rose 3.8% year-over-year in April 2026, reinforcing expectations ...
US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. "The breadth and duration of ...
By Fergal Smith TORONTO, June 25 (Reuters) - The Canadian dollar was on track to snap its daily losing streak against the U.S ...