Core Inflation Posts Biggest Jump in 17 Months
The pick-up in underlying inflation in June "argues against aggressive monetary stimulus from the central bank," an economist says.
U.S. Consumer Prices Jump 0.4% in March
“The uptick in inflation, being largely driven by higher gas prices, is unlikely to worry investors or the Federal Reserve."
Core Consumer Prices Rise 0.1% in November
The continuing weakness in core CPI will "make the Fed deliberations about the pace of monetary policy tightening next year more complicated."
July Inflation Gain Not Enough to Please Fed
Last month's CPI data "was very muted and not something which the Fed is going to be happy to look it," a market analyst says.
U.S. Consumer Prices Increase 0.2% in June
It was the fourth straight monthly gain but food prices dropped 0.3% and inflation remains low by historical standards.
Consumer Prices Rise for Third Straight Month
Core consumer prices increased 0.4% in May, pushed up by high rents for primary residences, said the Labor Department.