CPI inflation jumps in Jun. to 2.7% annual rate
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While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not tariffed, where inflation took off again.
Take a look at how various financial markets are trading after the release of June's consumer-price index: Treasury yields, the dollar, oil and gold.
Services inflation, especially rent and shelter inflation, continued to decline, offsetting rising core goods inflation that may be influenced by tariffs, Steve Hou, a quant researcher at Bloomberg, said in a Tuesday post on X.
South Africa’s central bank Governor Lesetja Kganyago signaled confidence that inflation would remain within its target for the next two years, despite uncertainties stemming from US tariffs.
Un libio acusado por la Corte Penal Internacional de crímenes de lesa humanidad y crímenes de guerra ha sido arrestado en Alemania en virtud
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U.S. Core CPI was lighter than expected for the fifth straight month as slowing services inflation helped to offset higher goods prices.
CPI (M) leader demands transparency from Tamil Nadu government on property tax scam investigation and other irregularities.