Inflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.

WASHINGTON (AP) — Wholesale prices in the United ... by the Fed at its next meeting in December.″ Inflation began surging in 2021 as the economy accelerated with surprising speed out of ...

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...

US wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Trump’s sweeping taxes on imports. The producer price index — which tracks inflation ...

A sharp drop in wholesale prices last month signaled a few key takeaways about the outlook for U.S inflation and the economy. President Donald Trump’s tariffs appear to be holding down inflation ...

U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s ...

Excluding volatile food and energy prices, so-called core wholesale inflation fell 0.1% from February, the first drop since July. Compared with a year earlier, core producer prices rose 3.3% and ...

The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, according to ...

(CNN) — US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.