US INFLATION

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Business / Economics

US inflation hits 3% for first time since June

US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports.  

today13 February, 2025

Business / Economics

Inflation-cutting stalls in US as prices rise

Progress on cutting inflation in the US has stalled as prices rise, according to the latest data from the US government's key metric for tracking inflation levels. The Consumer Price Index shows the monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels. Kate Fisher reports  

today12 December, 2024

Business / Economics

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:  

today12 July, 2024

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.  

today15 March, 2024

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.  

today19 February, 2024