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Inflation rose less than expected in May, according to data from the Bureau of Labor Statistics (BLS) released on Wednesday.
LCCI has commended the inflation drop in May, but warns that food crisis, insecurity, and supply shocks may reverse gains.
The U.S. housing market is showing troubling signs of weakness—inventory is near historic lows, baby boomers are staying put, ...
The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...
Economists say that suggests there is little need to cut much further now that the ECB has delivered eight 25 basis-point ...
In the minutes of last week's decision, when the monetary policy committee Copom raised rates by 25 basis points to 15% and ...
Bank of Canada governor Tiff Macklem called the current inflation picture “complicated” in a speech to the St. John’s Board ...
Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food ...
British inflation slowed as expected in May, although food prices shot up at the fastest rate in more than a year.
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Explore the implications of the Fed rate changes as inflation cools and labor market signs weaken. Stay informed with us.