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U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.
Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...
Breakeven inflation rates, representing expectations for future price gains in the years to come, were rising Wednesday morning even after an unexpectedly tame producer-price index for June. As the ...
The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...