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New York Fed inflation gauge rises to 2.8%
The New York Fed’s core inflation gauge rose to 2.8% in December, highlighting ongoing price pressures as policymakers weigh rate cuts and tariff impacts.
US consumer prices rise as inflation pressures persist
U.S. consumer prices rose 0.2% in January as inflation pressures persisted, keeping the Federal Reserve cautious on interest rate cuts.
Fed inflation gauge stays high as spending slows
The Fed’s preferred inflation gauge stayed elevated in September as consumer spending weakened, shaping expectations for an interest rate cut next week.
US inflation steady in July as cheaper gas offsets tariffs
U.S. inflation held at 2.7% in July as lower gas and grocery prices balanced rising import costs from tariffs, keeping pressure on the Federal Reserve.
Americans cut spending as inflation edges higher in May
US inflation rose to 2.3% in May while Americans cut spending and incomes dropped. Tariffs and weak hiring weigh on growth as Fed weighs rate cuts.
