New CPI Figures in US Show Prices Fell in June

New CPI Figures in US Show Prices Fell in June

New figures show US inflation cooled in June, while the Consumer Price Index rose 3 percent on an annual basis. Some financial experts are suggesting the new numbers could prompt the Federal Reserve to finally cut interest rates in the coming months. With the report, here's Mitch McCann:

July 12, 2024 14

World

US inflation rose unexpectedly last month

US inflation rose unexpectedly last month, largely driven by a rise in gas prices. It's the latest data to suggest inflation remains a problem - at a time when the Federal Reserve is considering the possibility of interest rate cuts later this year. Nick Harper reports.

March 15, 2024 29

World

Wholesale inflation in the U.S ticks up in January

The United States Producer Price index rose zero point three percent following a decrease the month before. The latest numbers are higher than expected with some economists saying this is the latest sign that some inflation pressures in the economy remain elevated. Jody Jacobs reports from New York.

February 19, 2024 14