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Tag: U.S. inflation

People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week. 

Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
People line up outside of Macy's flagship store before opening on Black Friday, in New York City on November 29, 2024. The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. (Photo by Adam GRAY / AFP) (Photo by ADAM GRAY/AFP via Getty Images)

U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row

The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.

Read More U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
Chicago, November 22, 2022. REUTERS/Jim Vondruska

Inflation rises moderately in April, consumer spending slows

It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

Read More Inflation rises moderately in April, consumer spending slows
An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

Fed to hold rates steady as inflation dims hopes for policy easing

The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.

Read More Fed to hold rates steady as inflation dims hopes for policy easing
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo

GM and Ford count on gas-powered trucks as EV growth slows

GM and Ford face a challenge in common when explaining to investors where profit growth will come from.

Read More GM and Ford count on gas-powered trucks as EV growth slows
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed rate cut seen on track for June even as inflation bumps up

Traders speculate on the Federal Reserve’s next move, predicting potential interest-rate cuts to address economic trends.

Read More Fed rate cut seen on track for June even as inflation bumps up

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