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CATEGORY: bureau of labor statistics


Jul 13, 2023 05:50

US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals

On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis. Labor Department’s CPI Data Shows [...]

The post US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals appeared first on Crypto Breaking News.

Jun 13, 2023 10:30

US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates

The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June 14. The prevailing market sentiment leans towards the [...]

The post US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates appeared first on Crypto Breaking News.

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