The Latest Breaking News from Inflation

US consumer inflation continued to cool last month, according to US government data published Wednesday, giving the US Federal Reserve some positive news shortly before it announced its decision to hold interest rates at a 23-year high.

The CPI, which measures the change in the price of everyday items for U.S. consumers, was expected to rise 0.1%. The annual CPI came in at 3.3%, down slightly from a projected 3.4%.

Federal Reserve likely to lower rate cut projections due to high inflation, impacting borrowing costs and economic outlook.

Global markets await Federal Reserve decision on interest rates and U.S. consumer prices. Mixed performance in Asian and European markets. Wall Street hits...

May's inflation data shows core prices rising by 0.3%, impacting the Fed's inflation target and interest rate decisions.

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.15% this morning as investors awaited a crucial U.S. inflation reading and the Federal Reserve’s interest rate decision.

Kiplinger examines ideas of where to invest for the rest of the 2024 year.

June S&P 500 E-Mini futures (ESM24) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.13% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading and the Federal Reserve’s interest rate decision.

Several media outlets are reporting that the European Commission will notify carmakers this Wednesday that it will impose provisional import duties on Chinese electric vehicles next month. The move is based on a probe the EU has conducted amid accusations that Chinese carmakers benefit from an unfair advantage thanks to…

The electric car incentives included in President Joe Biden's Inflation Reduction Act are paying off big time.

Shares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates