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The Labor Department will release the Consumer Price Index at 8:30 a.m., and Wall Street will be watching a few key categories.
The Federal Reserve’s inflation gauge popped in June from the prior year. Economists think it will begin to moderate.
Continue reading …The Personal Consumption Expenditures index popped 4 percent in June from the prior year. Economists think it will begin to moderate.
Continue reading …Policymakers, now more attuned to the costs of choking off growth early, are sticking by a patient approach as prices rise.
Continue reading …Jerome H. Powell told senators that price gains should fade, but he made it clear that the Fed is watching them carefully.
Continue reading …Price gains are up “notably,” Jerome Powell told House lawmakers. That’s because of several temporary factors.
Continue reading …