Daniel Moss is a Bloomberg Opinion columnist covering Asian economies. Previously, he was executive editor for economics at Bloomberg News. If a crucial goal of central banks is controlling inflation, ...
Inflation cooled a bit last month as gasoline and grocery prices fell. Consumer prices in July were up 3.4% from a year ago, according to a report Wednesday from the Labor Department. That's a smaller ...
Prospective homebuyers finally received some encouraging inflation news this week. After months of stubborn price growth, the latest inflation report offered another sign that some of those pressures ...
Inflation cooled slightly in July even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of ...
The July CPI increased 0.1% month over month, while annual inflation eased to 3.4% from 3.5% in June. Shelter rose 0.1% and contributed about two-thirds of the monthly gain, with core CPI up 0.2% and ...
China's July PPI increases slow to three-month low 3.5% Core CPI up 0.9% on year, food prices down 1.5%. CPI inflation eases to a six-month low 0.5% Lower oil prices, soft domestic demand moderating ...
In one month, from May to June, overall inflation in the U.S. dropped at the “fastest rate in more than six years,” as President Donald Trump said in late July remarks. But he has repeatedly cited the ...
Is the government lying to us about how high inflation really is? Many financial advisers report hearing this question from their clients. And the concern is understandable, since the consumer-price ...
WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserve's favored ...
The inflation gauge tracked by the Federal Reserve cooled in June but remains well above the central bank’s 2% target, a challenge that has animated keen speculation about how the Fed is likely to ...
Federal Reserve Chairman Kevin Warsh discusses the FOMC's decision to leave the target range for Federal Funds Rate unchanged monthly. Got a confidential news tip? We want to hear from you. Sign up ...
Today’s inflation figures showed inflation pressures have eased, just a day after the Reserve Bank of Australia (RBA) warned inflation was still too high. The Australian Bureau of Statistics reported ...
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