[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — Consumer inflation in the United States cooled slightly last month after three elevated readings, likely offering a ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as ...
US inflation saw some moderation in April. The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. The 3.4% matched what economists expected for April ...
The Federal Reserve’s preferred inflation gauge is likely to show that price pressures moderated in April by somewhat more than the Labor Department’s consumer price index. Core inflation—as ...
Inflation in the US is still above 3%, new Consumer Price Index data released on Wednesday suggested, but cooled off slightly in April. The CPI increased month-over-month between March and this ...