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The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year.By the numbersThe CPI was forecast to rise 2.7% last ...
CNBC on-air editor Rick Santelli revealed on Wednesday that inflationary wholesale prices came in “better than expected” in June. Santelli told his viewers on “Squawk Box” that the latest wholesale ...
President Donald Trump asked a room of House Republicans on Tuesday night if he should fire Federal Reserve Chair Jerome ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
The core PCE in the June report is forecast to rise 0.2% to 0.3% when it's released on July 29. Such an increase would be a bit too high to persuade most senior Fed officials to cut rates.
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as ...
US tariff hikes spur global trade tension and inflation, while Fed resists political pressure to cut rates, unlike dovish ECB stance.
Bitcoin rebounds after testing $115K support as macro uncertainty looms; altcoins rise sharply with ENS, BONK among top ...
Euro zone bond yields dipped as markets reacted to U.S. inflation data and tariffs. U.S. June CPI rose 0.3%, reflecting ...
Bitcoin price action coils beneath an increasingly thick cloud of liquidity as PPI inflation cools beyond expectations in June. Bitcoin price targets include taking liquidity at around the $120,000 ...
JPMorgan told FinTechs that it will charge for access to its customers’ bank information. The fees would bring big bucks to JPMorgan but eat into the profit margin of any lender or credit reporting ...
The June index for bread was 240.3, up 0.1% from May but down 0.2% from a year ago. Under this heading, the CPI for white bread was 432.1, up 0.5% from May but down 0.4% from June 2024. For bread ...
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