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The June inflation report has just dropped, and it's good news for Americans and the economy. Inflation posted the biggest one-month drop since April 2020, falling 0.4 percent from the previous month.
June's CPI drop to 3.5% was primarily an oil story, with crude falling 20.6% post-ceasefire even as core PCE hit its highest reading in a year. Economist Mark Zandi warns a Strait of Hormuz shutdown ...
U.S. M2 money supply surged $248 billion in May 2026 to a record $23.1 trillion, the largest monthly jump since May 2021. A $699 billion five-month M2 surge mirrors pre-2022 inflation patterns, with ...
The Bureau of Labor Statistics reported the update to the consumer price index on Tuesday. In June alone, prices fell by 0.4%, the largest such decrease since 2020. The decline in prices in the month ...
This article adheres to strict editorial standards. Some or all links may be monetized. In a surprising shift, inflation cooled in June, according to new data released Tuesday by the Bureau of Labor ...
Aug 11 (Reuters) - Federal Reserve Bank of Chicago President Austan ⁠Goolsbee ⁠is more concerned about too-high inflation ⁠than about any labor market weakness, though it is not clear if that worry ...
Inflation remains the top concern for Americans heading into the second half of 2026, according to Morgan Stanley Research, though worries over rising prices have eased from their pandemic-era peak.
Inflation slowed in June by its largest monthly drop since April 2020 on falling energy prices – slashing the odds the Fed will raise interest rates at its meeting this month. The Consumer Price Index ...