Consumer price inflation 2.7% in June
The Consumer Price Index rose 0.3% in June after rising 0.2% the previous month and increased 2.7% over the past...
Economy
CPI increases in June
The Consumer Price Index increased 0.3% in June on a seasonally adjusted annual basis, after rising 0.1% in May, the...
How stablecoins could affect borrowing costs for the government, businesses and households
Policymakers must weigh short-term fiscal gains against the long-term health of the real economy.
ABA DataBank: Copper prices rise on tariff announcement
With the Trump administration announcing a 50% tariff on copper imports starting August 1, copper futures prices surged in response.
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.72% this week. The rate for a 15-year fixed-rate mortgage was 5.86%.
FOMC minutes show divergence in opinion on tariff effects
Federal Open Market Committee members remain somewhat split on the long-term effects of the Trump administration’s tariff policy on inflation,...
Consumer credit increased 1.2% in May
Consumer credit increased at a seasonally adjusted annual rate of 1.2% in May, the Federal Reserve reported.
New York Fed: Inflation expectations largely unchanged
Consumer inflation expectations in June ticked down at the short-term horizon but remained flat at the medium- and longer-term horizons,...
NFIB Small Business Optimism Index edged down in June
The Small Business Optimism Index declined by 0.2 of a point in June to 98.6, slightly above the 51-year average...
Factory orders increased in May
New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to...
