Annual core inflation rose 3.4% in May, highest rate since 2023

The core personal consumption expenditures rose at a 3.4% annual rate in May, setting the highest mark for inflation growth ...
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Treasury Secretary Scott Bessent says US can achieve 3% GDP growth without reigniting inflation

Quick ReadBessent argues AI productivity and energy exports can deliver 3% GDP growth while pulling inflation back to the Fed ...

The 3 sectors where wage growth is still outpacing inflation

New data showed inflation outpaced wage growth for the second consecutive month in May. Three major sectors still have higher wage growth.

Kevin Warsh Just Suggested the Fed May Bring Down the Hammer on Inflation. Could It Spell Trouble for Wall Street?

The market wasn't happy with the new Fed chair's fighting words.
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Inflation Surges to 2023 Highs. Will Fed Chair Warsh Defy Trump on Rates?

For much of the past year, investors have focused on one question: when will interest rates come down? President Trump has ...

Inflation report could fuel concerns about higher interest rates, even as oil prices fall

A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.

Inflation surpassed 4% for the first time since 2023

The new CPI report showed inflation in May climbed to the highest rate in about three years.

Inflation surges 4.1% over the past year

Inflation surged 4.1% over the past year, hitting a three-year high and outpacing cumulative wage growth. The Commerce ...