For decades, economists and central bankers have relied more on the Core Consumer Price Index than the headline CPI. Food and energy prices are notoriously unpredictable. Headline CPI can be skewed by ...
SALT LAKE CITY — A Tuesday report from the Labor Department shows overall annual inflation held steady in July even as prices on consumer goods and services moved up slightly on a monthly basis.
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CPI report: Core inflation rises by most in six months, stoking tariff-driven price concerns
Inflation remained sticky in July, according to new government data released Tuesday, as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs. The latest ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in August, the highest level since February. On a monthly basis, the core index was up 0.2%, as expected. The ...
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