News

Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
VIEW US reports benign PCE inflation in May
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
Inflation slightly higher, but Americans haven't seen wave of tariff price increases yet
A recent Bankrate survey found that most Americans think tariffs will be bad for their personal finances. But consumer sentiment has rebounded in the University of Michigan's long-running index after ...
New car price inflation may already be here, and tariffs will make it worse: Cox Automotive
The analysts at Cox Automotive believe tariff-induced price hikes are coming for new cars, and it's possible they're already ...
Goldman Sachs analyst warns of surprise inflation jump
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.
Canada Inflation Steady at 1.7% in May
Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent increases continued to cool, though the ...