CNA

US Fed raises inflation outlook over 'uncertain' Iran war impact

WASHINGTON: The US Federal Reserve raised its inflation forecast Wednesday (Mar 18) as it held interest rates steady, citing ...

US producer inflation runs hotter in February, expected to accelerate further amid Iran war

By Lucia Mutikani WASHINGTON, March 18 (Reuters) - U.S. producer prices increased by the most in seven months in February, ...
Nasdaq

US Inflation Rate Runs Hot In January, Puts Fed Rate Cut Bets In Jeopardy

The inflation rate dipped in January 2024, but missed the decline forecasted by economists. Overall price pressures increased at a 3.1% annual pace last month, data from the Bureau of Labor ...
Virginia Business

US consumer inflation increases steadily, but households paying more for food and rents

Consumer prices rose 0.3% in December, driven by rents and food Food prices posted their biggest monthly gain in more than three years Core inflation remained moderate, keeping rate cuts in play ...

US 'transitory' inflation turns five and is still a big brat

By Howard Schneider WASHINGTON, March 17 (Reuters) - The worst U.S. inflation outbreak in a generation turns five years old ...

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

'Transitory' inflation turns five and is still a big brat

Washington — The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock ...

US consumer spending increases in January, Iran war to add to inflation pressures

By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...

US stocks slump on worries about higher oil prices, inflation and interest rates

U.S. stocks slumped Wednesday after a report said inflation was primed to worsen even before the war with Iran caused oil ...