US wholesale inflation remained fairly tame
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Inflation Moderates in Apr. on Lower Gas, Grocery Prices
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Surprising inflation data and weak retail sales spark a sharp crypto selloff, with Bitcoin down over 3% and Coinbase sliding in premarket trading.
It's normal for some prices to rise at a much faster pace than overall inflation, said Omar Sharif, founder and president of research firm Inflation Insights. The impact, he added, depends on the role such items play in a given person's finances.
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Few would find fault with the steady, gradual decline in U.S. inflation, but it has recently come with an unwelcome side effect: rising 'real' borrowing costs.
USHY remains sensitive to overall YTM changes with 3-year duration. Click here to read more about USHY ETF and why it is a Hold.
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Don’t get used to the decline in the U.S. rate of inflation to a four-year low. Inflation will probably rise, at least temporarily, even after the Trump administration reduced high tariffs.
Nigeria's headline inflation rate fell slightly in April, to 23.71% year on year from 24.23% in March, data from its statistics agency showed on Thursday.
Consumer prices rose 2.3% in April compared to a year ago, cooling slightly from the previous month and defying fears of an inflation surge in the aftermath of President Donald Trump's "Liberation Day" tariffs last month. The reading -- which marked the lowest inflation rate since 2021 -- matched economists' expectations.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
These are today's mortgage and refinance rates. If inflation goes up as a result of tariffs, mortgage rates may rise this year.
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy given the inflation experience of the last few years and the possibility that supply shocks and the associated price increases may become more frequent in the years ahead,
New York is sending inflation refund checks to eligible residents. Gov. Kathy Hochul says they're expected to hit the mail this fall.