U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Tag: interest rates
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsides
US job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Read More US job growth slows moderately; unemployment rate rises to 4.1%
Report: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
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US weekly jobless claims rise as labor market gradually slows
Ebbing labor market momentum, together with abating inflation pressures, keep the Federal Reserve on track to start cutting interest rates this year.
Read More US weekly jobless claims rise as labor market gradually slows
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall