Inflation rose in June while wages went down, driving down buying power for consumers across the economy, federal data show.

One month doesn’t make a trend, but there are worrying signs in the labor market and inflation data.

Although interest rates and unemployment have an indirectly inverse relationship, that relationship can be clouded by broader factors in the labor market.

The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import ...

“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...

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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 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 ...

The U.S. economy is grappling with inflationary pressures as consumer prices surged in June. This trend is expected to worsen ...

U.S. producer prices were unexpectedly unchanged in June as an increase in the cost of goods because of tariffs on imports ...

Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...

The producer price index for June was expected to increase 0.2%, according to the Dow Jones consensus estimate.