The Current Inflation Rate is 3.0%. Here’s Why It Matters
Inflation fell 0.1% in June but rose 3.0% over the last 12 months compared to…
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Inflation is cooling, yet many Americans say they’re living paycheck to paycheck
Even as inflation continues to cool into the second half of 2024, many Americans say…
Federal Reserve’s Powell says US making ‘modest’ progress on inflation
The U.S. Federal Reserve is making “modest” progress in its inflation fight, the head of…
Is US inflation still falling?
A further decline in US inflation is expected this week, which could bolster the case…
US jobs report for June is likely to point to slower but still-solid hiring
The American job market likely cooled last month while still remaining fundamentally healthy, which would…
Here’s why China’s GDP cannot surpass United States this year
The US economy’s strong performance in 2023, along with the challenges faced by China’s economy,…
Gold gains on dollar retreat, focus now on US inflation data
Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked…
Consumers tapping out amid sticky inflation and slowing job market
The U.S. economy is starting to see weakness in its most important growth driver, the…
US retail sales rise a meagre 0.1% in May from April as still high inflation curbs spending
The national average price for a gallon of unleaded gasoline was USD 3.45 as of…
US inflation cooled in May in a sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful…