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Consumer prices climbed again last month, as inflation remains a persistent thorn in the side of the Federal Reserve and for President Joe Biden's re-election campaign, both of which are counting ...
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
Prices for housing increased while the cost of air fares and gasoline fell ... release showed further signs of progress on underlying inflation, with the pace of price increases moderating ...
This may be the calm CPI report before the storm,” said Seema Shah, the chief global strategist at Principal Asset Management.
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than economists' expectations ahead of the next Federal Reserve meeting.
Sometimes inflation can be a little misleading if the price of a certain item either skyrockets or collapses. For example, if gasoline prices drop by 50%, it can make the inflation rate look lower ...
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump ...
Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump's tariff policies could ...
Gasoline prices declined by 1% month over month in February. That was a significant pullback from the start of the year, when gas prices rose by 1.8% in January. Price growth for natural gas and ...
The consumer price index for the 25-county region that includes Long Island increased 4.2% last month compared with February 2024, according to the federal Bureau of Labor Statistics.