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US inflation drops 0.4% in June, largest monthly decline in four years, but Iran conflict threatens reversal
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Falling gas prices cut inflation last month
Prices dropped 0.4% in June from May, the largest monthly drop in four years, the Labor Department said July 14.
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Transport Topics2d agoT

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
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The Independent2d agoT

Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
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The Independent2d agoT

Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
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The Independent3d agoAndreessen, Chetty among leaders of Fed's new task forces evaluating operations
Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations
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The Independent7d agoFed minutes: Officials deeply divided over future path of US inflation
A Federal Reserve rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday
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The Independent8d agoUS adds just 57,000 jobs as hiring slows sharply, unemployment dips to 4.2%
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New Fed Chair Kevin Warsh reverses transparency trend, risking market volatility
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Fed holds rates steady but nearly half of policymakers signal possible 2025 rate hike amid inflation concerns
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Remote work, not AI, is driving higher unemployment for recent college graduates, New York Fed study finds
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Remote work, not AI, is driving higher unemployment for recent college graduates, New York Fed study finds
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Remote work, not AI, is driving higher unemployment for recent college graduates, New York Fed study finds
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Key inflation gauge hits 3.8% in April, highest in three years, squeezing American households
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US consumer confidence dips in May as high gas prices and inflation offset stock market gains
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