US Inflation data: Consumer prices jump to 2.7% in June; Fed rate...

Dununu.com Dununu

Patrocinados

US Inflation data: Consumer prices jump to 2.7% in June; Fed rate cut in doubt as Donald Trump faces pressure

RSS Feed Business

Posted

45

U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase reverses months of cooling inflation and exceeds May's 2.4% rise. The inflation spike presents a political challenge and may deter the Federal Reserve from cutting interest rates.

Read Full Article

Please log in to like, share and comment!

'No gringo is going to give orders': Brazil's Lula slams US president over 50% tariff; claims Trump is 'not the emperor of the world'

Brazilian President Lula da Silva has strongly criticized US President Donald Trump's decision to...

By 0 0

Nepal Rastra Bank releases today’s foreign exchange rates

KATHMANDU: Nepal Rastra Bank today announced the official buying and selling rates for a variety...

By 0 2

Heavy rain expected in parts of four provinces today

KATHMANDU: The Department of Hydrology and Meteorology has forecast heavy rain in some areas of...

By 0 8

Sitaare Zameen Par mints Rs. 163 crore

Aamir Khan and Genelia D’Souza's ‘Sitaare Zameen Par’ has grossed ₹163.50 Cr in...

By 0 11

Calcutta HC acquits three on death row for 2014 murder

By 0 13