US Apr. inflation cooled more than expected, despite tariffs
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Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.
The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far from over.
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GMA Network on MSNMay 2025 inflation seen at 0.9% to 1.7% — BSPThe Bangko Sentral ng Pilipinas (BSP) expects the country's inflation to remain below 2% for the month of May. In its month-ahead inflation forecast, the BSP said it projects that the prices of consumer goods and services rose within the 0.
Here's why inflation won't reach record-breaking 2022 levels, according to Goldman Sachs.
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inews.co.uk on MSNInflation rises to 3.5% in highest figure for a year – what it means for your moneyInflation has risen well above the Bank of England's 2 per cent target, and is expected to stay there for many months
While Federal Reserve Chair Jerome Powell says "the underlying inflation picture is good," tariffs could change all that.
"Good news on inflation, and we need it given inflation shocks from tariffs are on their way," said Robert Frick, corporate economist at Navy Federal Credit Union. "Non-tariffed goods are still in ...
Wednesday's inflation report from the Bureau of Labor Statistics (BLS) revealed that inflation decreased in February to 2.8% from 3.0% the month prior. This shift in inflation broke a four-month ...