Tag: us inflation
US job growth remains moderate in July; wage gains still strong
WASHINGTON: The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed…
Key US inflation gauge cools further as rate hikes bite
WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central…
US annual consumer inflation cools to lowest since 2021
WASHINGTON: Annual consumer inflation in the United States cooled in June to its lowest rate since early 2021, the Labor Department said Wednesday — an…
Fed: US Fed’s favored inflation gauge declined sharply in May
WASHINGTON: The US inflation measure most closely watched by the Federal Reserve declined sharply in May, official figures showed Friday, returning to a downward trend…
US annual consumer inflation eases for 11th straight month
Consumer inflation in the United States cooled for an 11th straight month in May, the Labor Department said Tuesday, in an encouraging sign for policymakers…
Rupee to remain under pressure amid US Fed rate hike fears
The Indian rupee is likely to open lower against the dollar on Monday, tracking losses in Asian currencies and shares on concerns over the U.S….