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US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since March 2022, new data showed Thursday.
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Wall Street's main indexes were on track to open lower on Thursday, after a hotter-than-expected producer prices report ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff ...
A key official in the Trump administration's economic team touted the July CPI inflation report as evidence that ...