Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.

March CPI drops to 2.4%, below the forecasted 2.6% and down from 2.8% in February. Monthly inflation falls 0.1%, marking the weakest pace since May 2020. Get 5 ‘Hidden Gem’ stock picks and ...

Eurostat reported today that HICP inflation for the euro area was 0.6% MoM and 2.2% YoY in March, down from 2.3% YoY in February and a surprise below the 2.3% YoY rate that was expected.

Price hikes have been on a downward trend since June of 2022 when inflation hit a peak of 9.1% year-over-year. The latest consumer price index showed 2.6% year-over-year inflation in October.

Rent inflation won’t cool until 2026, Cleveland Fed says Woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, Calif. (AP Photo/Paul Sakuma, File) ...

Inflation surged to a 40-year high of 9.1% on an annual basis in June 2022 in the wake of pandemic-related supply chain disruptions and an influx of federal spending on relief programs and other ...

However, inflation has been on the decline. The consumer price index shows that prices rose 2.4% in September from a year earlier, down from the 2.5% increase seen in August.

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal ...

The improving inflation data follows a mostly healthy jobs report released last week, which showed that hiring accelerated in September and that the unemployment rate dropped from 4.2% to 4.1%.

Inflation rates have dramatically fallen since they topped 9% in June 2022. The current annual inflation rate is 2.5%, the lowest it's been since February 2021. That's a significant drop; however, ...