Tag Archives: Inflation

Trump fired the Bureau of Labor Statistics head. In Argentina, the government manipulated the inflation rate. Economists went rogue to calculate the real rate, and people lost trust in the numbers. ARI SHAPIRO, HOST: When President Trump fired the head of the Bureau of Labor Statistics, it set off worries that economic data might not be as trustworthy in the …

People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt | Getty Images Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view among its Wall Street brethren. Despite investors’ embrace of Tuesday’s fairly benign consumer price …

Fed cut seen near certain after inflation data, Bessent comments  Reuters Bessent Urges Fed to Lower Rates by 150 Basis Points or More  Bloomberg US treasury secretary Scott Bessent calls for half-point interest rate cut at next Fed meeting – as it happened  The Guardian BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September  CNBC Markets have convinced themselves …

World shares hit record as rate hopes, inflation data buoy sentiment  Reuters Asian shares rise, dollar defensive after mild inflation data  Reuters Global stocks extend rally after US inflation data lifts sentiment  Financial Times Japan’s Nikkei 225 hits fresh high as Asia markets track Wall Street gains on Fed rate-cut hopes  CNBC Trump’s China trade truce extension spurs market rally  The Guardian Source link

Key inflation gauge rises as Trump trade war weighs on economy  Axios Inflation holds steady, but Trump’s tariffs are boosting some prices  CNN CNBC Daily Open: The U.S. inflation jump scare is not here — at least not yet  CNBC US consumer prices increase moderately; worries about data quality rise  Reuters Consumer prices rose 2.7% in July. See how your grocery item prices have …

Topline Consumer prices rose slower than expected last month as President Donald Trump’s tariffs gripped markets, according to federal data released Tuesday, as hope remains for a possible interest rate cut by the Federal Reserve. The inflation report is the first since President Donald Trump fired the Bureau of Labor Statistics chief. Getty Images Key Facts Consumer prices rose 2.7% …

July’s inflation report went about as well as the Fed (and the White House) could have hoped for. The Consumer Price Index (CPI) summary released Tuesday reported inflation notched up 0.2% in July, that’s down compared with the 0.3% increase in June. Over the past 12 months, this brings the headline inflation rate to 2.7%—admittedly still comfortably ahead of the …

Inflation ticks higher as Trump’s tariffs kick in  Politico Consumer prices rise 2.7% annually in July, less than expected amid tariff worries  CNBC Tariff-driven inflation accelerating with ‘worst yet to come,’ AEI’s Michael Strain says  PBS Inflation holds steady, but Trump’s tariffs are boosting some prices  CNN Cheaper gasoline restrains US consumer prices; worries about data quality rise  Reuters Source link

S&P 500, Nasdaq end at record closing highs as moderate inflation lifts rate hopes  Reuters S&P 500, Nasdaq both notch record close as inflation report gives Fed green light to cut rates  CNBC S&P hits record high as stocks rise on inflation data  The Hill Stock Market News Today: Dow Closes Higher After CPI Report Shows Inflation Steady — Live Updates  The Wall Street …

Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations  Reuters Stock market today: S&P 500, Nasdaq pace for record closes as Fed rate cut bets jump after CPI inflation report  Yahoo Finance Stock Market News Today: Dow Rises After CPI Report Shows Inflation Steady — Live Updates  The Wall Street Journal Wall Street rises toward records on …