Reported about 11 hours ago
In June, inflation rose by 0.3% month-over-month, with a year-over-year increase of 2.7%, slightly surpassing economists' expectations. Excluding food and energy, the index increased by 0.2%, also below forecasts of 0.3%. This marks the fifth consecutive month that core inflation has come in lower than predicted, raising questions about the impact of tariffs and the Federal Reserve's potential rate decisions.
Source: YAHOO