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San Diego’s inflation rate was 4% in July — fueled primarily by rising prices for food, medical care and cars — making it ...
Alayna Alvarez/Axios Consumer prices in the Denver metro area rose 0.4% between May and July, the Bureau of Labor Statistics reported Tuesday. Why it matters: Inflation is ticking higher again in ...
The fresh data indicated an acceleration from 2.4% annual inflation recorded in May. Still, the inflation rate clocked in below 3% recorded in January, the month Trump took office.
Inflation rose by three-tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index.
The Labor Department’s consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That’s up from a 2.4 percent pace in May.
Those tariffs, and rising inflation, could prompt the Federal Reserve to lower interest rates. The "core" inflation rate, which excludes food and energy prices, was 2.9% in the 12 months through June.
Rising inflation is likely to push the Federal Reserve to keep rates high, at least for now, and that's likely to keep HELOC rates elevated as well. And, if inflation stays sticky, homeowners may ...
Inflation Outpacing Wage Growth For Over 40% Of Americans, Report Says By Antonio Pequeño IV, Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.