The Federal Reserve Bank of New York’s Center for Microeconomic Data released its June 2024 Survey of Consumer Expectations, revealing a decline in inflation expectations for both short-term and long-term horizons, though a slight increase for the medium-term. Additionally, exp ...
In a notable shift, U.S. inflation slowed down in June, according to the latest data from the Bureau of Labor Statistics. The Consumer Price Index (CPI) revealed a 0.1% decrease from the previous month and a 3% increase compared to the same month last year. This represents a decl ...
The Core Consumer Price Index (CPI) is expected to reflect a modest increase in July, continuing the trend of subdued inflation, signaling the ongoing disinflationary pattern observed in recent months. Financial analysts from Nomura and Morgan Stanley predict that core inflation ...
In a surprising development, the UK's inflation rate increased to 2.2% in July, coming in below the forecasts made by the Bank of England (BOE) and leading economists. This slight increase, while still higher than previous months, has brought some relief to policymakers who had b ...
In July, inflation in the United States fell below 3% for the first time since March 2021, according to the latest Consumer Price Index (CPI) report released by the Bureau of Labor Statistics. The CPI's drop to 2.9% over the past 12 months signals a significant milestone, setting ...