US Inflation Eases to 3.4% in July as Food and Fuel Costs Cool
US consumer inflation dipped to 3.4% annually in July, with food costs slowing and housing stabilizing.
CPI
US June CPI Falls 0.4%, Inflation Slows to 3.5%
Core Summary The U.S. Bureau of Labor Statistics reported on July 14 that the Consumer Price Index (CPI) fell 0.4% in June, marking the largest monthly decline since 2020. Annual inflation slowed to 3.5%, while core CPI held at 2.6%. The data came in well below expectations, significantly reducing the likelihood of a Federal Reserve rate hike at its late-July meeting. Details According to the latest data, the overall CPI posted a rare month-over-month decline, driven primarily by falling gasoline prices. The core CPI, which excludes volatile food and energy, remained at 2.6% year-over-year, slightly above the Fed’s 2% target but with clearly moderating momentum. ...
[Brief] Canada May CPI Accelerates to 3.2% Year-Over-Year
[Brief] Canada May CPI Accelerates to 3.2% Statistics Canada reported on June 22 that Canada’s May Consumer Price Index (CPI) accelerated to 3.2% year-over-year, above market expectations. The data reflects the impact of rising energy prices and supply chain cost pass-through on consumer prices. The inflation rebound may influence the Bank of Canada’s future interest rate decisions. 编辑：GoodInfo全球资讯组
Fed's First Inflation Report Under Chair Warsh Shows Prices Near 3-Year High
Fed’s First Inflation Report Under Chair Warsh Shows Prices Near 3-Year High The Federal Reserve’s first inflation report under new Chair Kevin Warsh reveals U.S. consumer price growth approaching its highest level in nearly three years, prompting market reassessment of monetary policy direction. Core personal consumption expenditure (PCE) prices rose 3.1% year-over-year, up 0.3 percentage points from the prior month — the fastest pace since September 2023. Energy price volatility was a primary driver, with international oil prices surging over recent months due to ongoing Middle East geopolitical tensions, pushing up transportation and manufacturing costs. ...
Bitcoin Back Above $81,000 After Hot CPI Print
Bitcoin rebounds above $81,000 after US CPI data, with BNB and DOGE leading major crypto gains.
Inflation Accelerates as Iran War Pushes Up Energy Costs
US inflation accelerates after weeks of Iran war, with energy costs as the main driver.