Producer Prices Increase 0.4% in November
The producer price index was up 3.1% in the 12 months through November — the biggest increase since January 2012.
Tax Cuts: Be Careful What You Wish For
The short-term economic boost that the GOP-proposed tax cuts would generate wouldn't be sustainable without growth in the already-tight labor market.
Whirlpool Lowers Guidance, Shares Drop 6%
The appliance maker's third-quarter results were hurt by rising costs of raw materials and an unfavorable price mix.
Gas Prices Drive 0.5% CPI Gain in September
The recent mini-surge in consumer prices may ease as oil refineries resume normal service after the disruptions of Hurricane Harvey.
Hurricane Harvey Slows Consumer Spending
Consumer spending rose only 0.1% in August but "current economic conditions are heavily impacted by the effect of the recent hurricanes."
Fed Holds Steady on Rate Hike Timetable
The central bank appears on course to raise interest rates in December but is "monitoring inflation developments closely."
US Consumer Prices Jump 0.4% in August
The gain in the CPI was the largest since January and may influence the Federal Reserve's decision-making next week on interest rates.
U.S. Producer Prices Increase 0.2% in August
The gain in the PPI was the largest in four months but "is unlikely to assuage Federal Reserve policymakers' concerns about low inflation."
GDP Growth Revised Upward to 3% for Q2
The economy grew at the fastest pace in more than two years but economists don't expect full-year growth to meet President Trump's 3% target.
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.
Inflation Flat in June As Slowdown Continues
"It is getting harder for the Fed to continue claiming that this is a temporary drop-off," an economist says.