US consumer prices slow sharply in August Underlying US consumer prices increased at their slowest pace in six months in August, suggesting that inflation had probably peaked, though it could remain high ... Business • 14 Sep
US inflation to remain high for months before falling US inflation will remain "elevated" in coming months but will decline once supply bottlenecks and other temporary issues are resolved, Federal Reserve Chair Powell said ... Business • 14 Jul
Fed surprised by higher than expected inflation spike Rising prices amid the recovery from the pandemic shutdown were predicted, but the recent jump in US inflation was higher than Federal Reserve officials had ... Business • 08 Jul
US consumer spending takes a breather in May US consumer spending was unchanged in May, as shortages hurt purchases of goods like cars, but the supply constraints helped to boost inflation. Business • 25 Jun
US prices jump 3.6% in April compared to April 2020 US inflation climbed 3.6% in April compared to the same month in 2020 as prices recovered from the mass business disruptions caused by the Covid-19 ... Business • 28 May
Fed's Powell pledges low rates until inflation hits 2% US Federal Reserve Chair Jerome Powell has today pledged that the bank will keep benchmark lending rates low until the economy is at full employment ... Business • 23 Feb
Fed touts economic recovery, vows to keep rates low The Federal Reserve has vowed to keep interest rates near zero until inflation is on track to overshoot its 2% target, a bold new promise ... Business • 17 Sep 20
Virus, low oil prices take toll on April US inflation Falling prices for just about everything besides food sent US inflation dropping in April by the largest amount since the global financial crisis in 2008, ... Business • 12 May 20
US consumers hit the brakes in September US consumers tightened their purse strings unexpectedly last month, breaking a seven-month winning streak, government data showed today. Business • 16 Oct 19
US consumer inflation nudges higher on dearer fuel A key measure of US consumer inflation in April took its biggest jump in five months as prices for fuel, shelter and medical care rose, ... Business • 10 May 19
US consumer spending posts biggest increase since 2009 US consumer spending increased by the biggest gain in more than nine and a half years in March, but price pressures remained muted, with a ... Business • 29 Apr 19
US consumer prices cool in February The falling price of energy drove US consumer inflation in February to its slowest annual pace more than two years, according to government data released ... Business • 12 Mar 19
US inflation to fall further below 2% target - Powell Despite solid growth and continuing job gains, the US economy will see inflation fall even further below the Fed's 2% goal, at least for a ... Business • 26 Feb 19
Fuel prices drive US consumer prices lower in December Falling fuel prices in December pushed US inflation to its slowest pace in more than a year, masking steady gains in food and shelter costs, ... Business • 11 Jan 19
US consumer inflation stays at 6 year record in June Rising prices for food, fuel, shelter and medical needs kept the annual measure of US consumer inflation at a six-year high in June, the Labor ... Business • 12 Jul 18
Federal Reserve leaves key interest rate unchanged The US Federal Reserve kept its key interest rate unchanged as expected last night and at the same time signaled that policymakers were not overly ... Business • 03 May 18
US consumer price gains ease in February US consumer inflation rose more slowly in February, cooling from January's sudden jump, with steady gains in clothing prices and rent, the government said today. Business • 13 Mar 18
Energy prices hold US consumer inflation to 0.1% Falling energy prices held down US consumer price increases in December, while inflation for all of 2017 was steady or even lower than 2016, according ... Business • 12 Jan 18
Energy costs push US inflation above Fed target Mounting petrol prices helped drive US consumer inflation higher in November, pushing the annual measure above the Fed Reserve's target, according to a government report ... Business • 13 Dec 17
Revived car sales push US retail sales to two year high Booming car and petrol sales in September pushed the US retail sector to its highest level in more than two years, the Commerce Department said ... Business • 13 Oct 17
Petrol and rents push US consumer inflation higher US consumer prices accelerated in August amid a jump in the cost of petrol and rental accommodation, new figures show today. Business • 14 Sep 17
Falling fuel prices drive US inflation lower in May Falling US fuel prices drove both inflation and retail sales down in May, according to government data released today. Business • 14 Jun 17
US retail sales rise, inflation rebounds in April US retail sales increased broadly in April while consumer prices rebounded, pointing to acceleration in economic growth and steadily rising inflation that could keep the ... Business • 12 May 17
US consumer spending slows as inflation pushes higher US consumer spending rose less than expected in January as the largest monthly increase in inflation in four years eroded households' purchasing power. Business • 01 Mar 17
US consumer spending rises solidly in December US consumer spending rose solidly in December as households bought cars and a range of services amid rising wages, pointing to sustained domestic demand that ... Business • 30 Jan 17
