Annual Inflation Slows To 4% In May
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Consumer Price Index rose 0.4% in April from a month earlier.
March marks the 23rd consecutive month of annual inflation at 5% or above.
Analyst: Housing inflation at highest rate since 1982.
After rising the previous week, the 30-year fixed mortgage fell to 6.33%.
CPI report shows YOY rate at 6.5%, down from 7.1% in November.
November CPI report shows annual inflation at 7.1% in November, down from 7.7% in October.
CPI slipped to 7.7% in October, the smallest YOY increase since January.
Can the Federal Reserve get costs under control?