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June CPI: Fed still needs 'reassurance' to cut rates
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the 2.4% seen in May but lower than the 2.7% economists expected. Investors weigh whether President Trump's tariff policy is fueling inflation in the US economy and what it means for the Federal Reserve.
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read ...
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by ...
The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The ...
While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not ...
NZD/USD struggles after the release of disappointing inflation data on Monday. New Zealand’s Consumer Price Index climbed 2.7 ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
Stocks tiptoed toward fresh highs, then got cold feet. A glimmer of hope from Nvidia’s China chip sales briefly lit the room, ...
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