News

Inflation rose less than expected last month despite Trump’s tariffs
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
U.S. inflation rises 0.1% in May from prior month, less than expected
Energy declined 1% on the month, while new and used vehicle prices posted respective declines of 0.3% and 0.5%. Within energy ...
Wholesale Inflation Continues to Moderate
Overall, though, the trend for inflation has been a steady decline toward the Federal Reserve’s 2% annual target. The Fed, ...
Devdiscourse3d
Inflation Trends Amidst Tariff Tensions
U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs ...
Canadian Mortgage Trends3d
U.S. inflation softens in May, but Fed still expected to hold through summer
Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in ...
LBM Journal2d
Inflation Up Slightly in May
The Consumer Price Index increased from 2.3% in April to 2.4% in May year-over-year, according to the Bureau of Labor ...
The Financial Express12d
US Fed official expects interest rate cuts later this year if…
US Federal Reserve Governor Christopher Waller anticipates interest rate cuts later this year due to anticipated inflation ...
Devdiscourse3d
Price Shift: CPI Trends Amid Tariff Tensions
U.S. consumer prices rose slightly in May, driven by housing costs and partially offset by cheaper gasoline. Inflation's ...
Fed's Alberto Musalem puts '50-50' odds on tariffs sparking sustained US inflation: Report
St. Louis Fed President Alberto Musalem assesses a 50-50 chance of Trump's trade war triggering sustained inflation, creating ...
Wholesale Prices Ticked Up in May
The 0.1% rise was a notch below the 0.2% increase that economists had expected.