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The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.
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May Rent Report Highlights Cooling U.S. Rental Markets and ...Cooling market-based rents signal potential relief for shelter inflation, which has been a significant driver of elevated consumer costs. “Falling median asking rents are an encouraging sign ...
In September, shelter inflation throttled back on a monthly basis, to 0.2% from 0.5% in August. That's among the most encouraging signals in the latest CPI report, economists said.
June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data.
May's inflation report will likely mirror April's, with persistent price pressures in shelter, electricity, automotive, and apparel sectors. Read more here.
In Dallas, where home prices are basically flat year-over-year, shelter inflation growth has dropped to 1.6% after peaking north of 10% in 2023. This has pulled headline inflation down to just 0.6%.
A troubling summer trend at animal shelters is even bigger this year. Shelters across the nation are reporting a large ...
Efforts to stem inflation in the cost of services didn’t show much progress in April even though airfares continued to fall. That will help justify the Fed’s continued wait-and-see approach to ...
The United States' inflation rate remains higher than the Federal Reserve's target, with housing and tax burdens magnified in ...
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