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July PCE inflation climbs to 5-month high levels: will the Fed still cut rates?

Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%. The Fed has been ...
AOL

Grocery price inflation levels off, but the cost of these items continue to rise

While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out. The Bureau of Labor Statistics consumer price index for food at home was nearly ...
AOL

Inflation remained mostly level in July, though some prices edged up

The Personal Consumption Expenditures index, a key inflation gauge used by the Federal Reserve to make interest-rate decisions, held steady in July according to new data from the Department of ...
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Inflation jumps to highest level for nearly 18 months as food prices rise again

UK inflation rose to a near 18-month high in June as food prices surged for the third month running, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index ...
ConsumerAffairs

Inflation disappeared at the wholesale level in June

The Producer Price Index (PPI) for final demand was flat in June, following a 0.3% rise in May and a 0.3% drop in April. A 0.3% increase in goods prices offset a 0.1% decrease in services prices for ...