Browsing: Inflation

The U.S. inflation rate was 3.4% as of July 2026, based on the most recent data from the Bureau of Labor Statistics. That’s based on the Consumer Price Index for All Urban Consumers, and it’s well above the Federal Reserve’s target inflation rate of 2.0% (although the Fed measures that goal using the PCE price…

On Thursday, the U.S. will release its August report for inflation at the wholesale level, called the Producer Price Index, or the PPI. It provides details on prices for businesses before they pass along the costs to consumers.

ZURICH, Aug 21 (Reuters) – Artificial intelligence can push inflation higher in the short term although the overall effect of the technology remains unclear, Swiss ‌National Bank governing board member Petra Tschudin said in an interview published ‌on Friday.

The International Monetary Fund’s new chief economist, Silvana Tenreyro, has cautioned that even if artificial intelligence boosts productivity, it may not necessarily lower inflation. This warning was included in research

LONDON, Aug 20 (Reuters) – Even if artificial intelligence boosts productivity, it may not lower inflation, the International Monetary Fund’s new chief ‌economist Silvana Tenreyro warned in research published by Bank of England staff ‌on Thursday.