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The central bank’s preferred inflation gauge had been expected to show prices increased faster in December.
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by the Labor Department. The latest consumer price index report, which was delayed by the brief government shutdown earlier this month,
The consumer price index declined unexpectedly in November 2025. It was the first CPI report from the Bureau of Labor Statistics since the government shutdown ended last month. Economists said that the inflation numbers should be interpreted with caution ...
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Fed's Goolsbee: Rate cuts appropriate if inflation falls, but too soon to bet on productivity
WASHINGTON, Feb 24 (Reuters) - The U.S. Federal Reserve could resume cutting interest rates if inflation starts to fall, but it would be risky to use expected productivity growth as a reason to loosen monetary policy now,
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts. Follow along with our live coverage here.
The latest Australian Bureau of Statistics data also showed underlying inflation – the RBA’s preferred measure, which strips out the most volatile movements in prices – rose to 3.4 per cent over the year. Economists expected trimmed mean inflation to rise 3.3 per cent and headline inflation to rise 3.7 per cent.
LONDON (AP) — Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures showed Wednesday, a downward move that has reinforced expectations that the Bank of England will cut interest rates in March.
SYDNEY, Feb 24 (Reuters) - Australia's central bank is looking at underlying inflation measures in new monthly data to assess if there might be a new preferred gauge for policy, a senior official said on Tuesday,