July Inflation Cools to 3.4%, Offering Fed Reprieve on Rates
U.S. inflation eased to 3.4% in July, giving the Federal Reserve breathing room as it weighs its September rate decision amid elevated energy prices.
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U.S. inflation eased to 3.4% in July, giving the Federal Reserve breathing room as it weighs its September rate decision amid elevated energy prices.
China's July CPI rose 0.5% year-on-year, the slowest since January, as falling gasoline prices offset AI-driven electronics gains and summer travel demand.
China's July CPI rose 0.5% as import growth outpaced exports by 8 percentage points in the first seven months, signaling shifting trade dynamics.
US inflation fell to 3.5% in June as gas prices dropped 9.7%, the largest CPI decline in four years. Core inflation eased, reducing pressure on the Fed.
June CPI cools to 3.5% as Fed Chair Warsh vows regime change. Iran war threatens new price spikes, creating a delicate balancing act for policymakers.
China's June CPI rose 1.0% YoY as core inflation held steady, while AI-driven manufacturing sectors saw strong demand growth.
China's June core CPI rises moderately, summer grain output exceeds 300 billion jin for the first time, and NEV sales surpass 7.4 million units in H1 2026.
IMF upgrades China's 2026 growth forecast to 4.6% while cutting global outlook. PBOC maintains loose policy, CPI rises 1.0% amid retail reforms.
U.S. inflation hit 4.2% in May, highest in 3 years, as Iran war drove gas prices up 40%. Producer prices surged 6.5%, biggest jump since 2022.
President Trump said 'I love the inflation' as CPI hit 4.2%, a three-year high. Democrats seized on the remark ahead of November's midterm elections.
China's May CPI rose 1.2% year-on-year, unchanged from April, while PPI surged 3.9%, widening the gap between producer and consumer prices.
U.S. inflation surged to 4.2% in May, a three-year high, as the Iran war drives energy costs. Core CPI rose 2.9%, raising questions about Fed policy.