Metro Phoenix continues to have the lowest inflation of any major U.S. city. The 0.2% climb in consumer prices here compares to 2.7% for the nation.

The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research.

US inflation surged in June, as higher prices — including those from tariffs — are packing a bigger punch. Consumer prices rose 0.3% last month, pushing the annual inflation rate higher to 2.7%, according to the latest Consumer Price Index data released Tuesday by the Bureau of Labor Statistics.

The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor

US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.

Food prices have risen a bit faster than overall inflation lately, putting pressure on consumers. Three midyear supermarket trends to watch.

USD/JPY rallies as Trump’s tariffs hit BoJ rate hike bets. Japan inflation, trade, and US data to guide pair’s next move.

A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings season and a key inflation report as investors hope to learn more about the economic fallout from tariffs.

US equity markets showed a mixed mid-day performance on Thursday (Jul 10) as investors weighed President Donald Trump’s new tariff policies. The Nasdaq declined, led by weakness in software stocks, while the broader market held steady,

Moreover, global market trends and trading activity of foreign investors would also guide movement in equities, they said.

On a monthly basis, prices climbed 0.3% from May to June, after rising just 0.1% the previous month.