The Latest Breaking News from Inflation

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.65%. US stock indexes rallied Friday, with the S&P 500 posting a 1-1/2 week high...

The dollar index (DXY00 ) on Friday rose by +0.37%. The dollar on Friday recovered from a 2-week low and rose moderately. The dollar strengthened Friday as stronger-than-expected US economic reports on Mar personal spending and Mar core PCE deflator were hawkish for Fed policy and may further delay rate...

The dollar index (DXY00 ) this morning is up by +0.23%. The dollar today recovered from a 2-week low and is moderately higher. The dollar strengthened today as stronger-than-expected US economic reports on Mar personal spending and Mar core PCE deflator were hawkish for Fed policy and may further delay...

The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.05%. US stock indexes this morning are moderately higher as blockbuster earnings results from...

Learn about the rise in US inflation in March and its impact on consumers and businesses. Stay informed about economic trends and implications.

Persistent inflation challenges Fed as prices rise in various sectors, delaying rate cuts and impacting economic landscape.

Price pressures remained elevated in March, fresh data from the Commerce Department showed Friday, as the personal consumption expenditures (PCE) price index exceeded forecasts.

The Federal Reserve may have dodged a bullet, as the feared increase in the key 12-month inflation rate didn’t come to pass.