U.S Inflation

Annual U.S. inflation rose at its slowest pace in more than two years in June, with underlying price pressures receding, a trend that, if sustained, could push the Federal Reserve closer to ending its fastest interest rate hiking cycle…

U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the Federal Reserve raising interest rates again next month. The unchanged reading in consumer spending last…

A worrisome bout of inflation struck the United States economy in April, with consumer prices for goods and services surging 0.8 percent, the largest monthly jump in more than a decade, and the year-over-year increase reaching its fastest…