#us-consumer-prices

#us-consumer-prices

Consumer prices in the U.S. rose in February due to higher costs for gasoline and shelter, potentially delaying the expected June interest rate cut by the Federal Reserve.

Gasoline and shelter contributed over 60% to the monthly increase in the Consumer Price Index, which rose by 0.4% in February.

U.S. consumer prices fell, lowest annual increase in a year, hinting at rate cuts by the Federal Reserve to combat decreasing inflation.

U.S. consumer prices fell in June, putting disinflation on track and hinting at a possible interest rate cut by the Federal Reserve in September.

US consumer prices decreased by 0.1% in June, the first decline since May 2020.

Annual inflation rate cooled to 3%, raising hopes for potential Federal Reserve rate cuts.

Falling gas and vehicle prices contribute to slowing inflation, providing relief to consumers and markets.