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Inflation is at 3.90%: These savings accounts are outpacing it

The Bureau of Labor Statistics released its June CPI report, showing inflation dropped 0.4% for the month, bringing the annual inflation rate to 3.90%. Temporary lower fuel costs remain the ...
CNBC

Inflation rate projected to hit 6% in the second quarter, top economic forecasters say

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% ...
Forbes

Inflation Rate Rises Above 4% As Fed Faces Pressure To Act

Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. This voice experience is generated by AI. Learn more. This voice experience is generated by AI.

US mortgage rates are staying high – and the Fed can do very little about it

Investors’ inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.
CNBC

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

Core PCE prices in April rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3%, the Commerce Department reported Thursday. While the annual rates were in line with ...