U.S. Core Inflation Tops Forecasts—Again

In February, the core CPI rose 0.4% from January and 3.8% from a year ago.

By Augusta Saraiva | March 12, 2024 at 12:46 PM

Photo: A shopper inside an Aritzia store in the Soho neighborhood of New York City on January 22, 2024. Photographer: Shelby Knowles/Bloomberg

Underlying U.S. inflation topped forecasts for a second month in February, as prices jumped for used cars, air travel, and clothes, reinforcing the Federal Reserve's cautious approach to cutting interest rates.

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Fed's Favored Price Gauge Rises at a Mild Pace

By Augusta Saraiva | July 26, 2024

The Federal Reserve's preferred measure of underlying U.S. inflation rose at a tame pace in June and consumer spending remained healthy—two encouraging…

Fed's Favored Price Gauge Rises at a Mild Pace

U.S. Economy Grew Faster Than Expected Last Quarter

By Augusta Saraiva | July 25, 2024

GDP increased at a 2.8% annualized rate, while personal spending advanced 2.3%. "This is a perfect report for the Fed."

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DOL's ESG Investing Rule Challenge Sent back to Lower Court

By Lynn Cavanaugh | July 24, 2024

Because the Supreme Court overturned 40 years of federal agency deference, the ESG case is headed back to the Texas judge who originally heard it.

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