Hottest Inflation In Over 3 Years: Is The Fed Ready To Hike Interest Rates?
The hottest U.S. inflation reading in more than three years did little to shift the consensus among economists ahead of next week’s Federal Reserve ...
Last updated: 2026-06-16 09:33:01 ET
The hottest U.S. inflation reading in more than three years did little to shift the consensus among economists ahead of next week’s Federal Reserve ...
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures fell on Wednesday, as t...
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
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