The July inflation reading is down significantly from the 9.1% pandemic-era peak in mid-2022, which was the highest level since 1981. It's also nearing policymakers' long-term target , around 2%.

US consumer sentiment rose to a five-month high in early July as expectations about the economy and inflation continued to ...

A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings ...

USD/JPY and AUD/USD move on trade talk progress, US PPI data, and Aussie housing trends. Policy paths in Japan, US, and ...

Metro Phoenix continues to have the lowest inflation of any major U.S. city. The 0.2% climb in consumer prices here compares ...

US inflation reaches a 3-year low as Federal Reserve ... New Jersey, July 11, 2024. (AP Photo/Eduardo Munoz Alvarez ... which typically provide a better read of future inflation trends.

Food prices have risen a bit faster than overall inflation lately, putting pressure on consumers. Three midyear supermarket trends to watch.

Excluding food and energy, the CPI gained 0.2% in July, matching the rise in June. Underlying inflation was curbed by a 0.3% drop in core goods prices, which followed a 0.1% dip in June.

Gold prices increased in the domestic futures market on July 16, influenced by positive global trends and a weaker US dollar.

US inflation has slowed steadily from its four-decade peak last June, and it’s expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could ...