US inflation falls 0.1% in June from prior month
US inflation cools again, potentially paving way for Fed to cut interest rates soon
Economy
![US inflation falls 0.1% in June from prior month]()
![US inflation edges down to 3.1% in November]()
US inflation edges down to 3.1% in November
Data may bolster Fed’s resolve to hold interest rates steady throughout the spring
U.S. Consumer Inflation Eases in October Amidst Declining Gas, Cars, and Airfares
In a promising development for American consumers, U.S. consumer inflation showed signs of abating in October, driven by reduced prices in key sectors such as gasoline, automobiles, and air travel.
![U.S. Consumer Inflation Eases in October Amidst Declining Gas, Cars, and Airfares]()
US inflation rate falls to 5.0%, lowest in nearly two years
Consumer prices rose just 0.1% from February to March, down from 0.4% from January to February and the smallest increase since December
![US inflation rate falls to 5.0%, lowest in nearly two years]()
US adds 236,000 jobs in March, unemployment falls to 3.5%
Number of unemployed people falls to 5.8M, from 5.9M
![US adds 236,000 jobs in March, unemployment falls to 3.5%]()
Fed raises key rate by quarter-point despite bank turmoil
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of recent bank failures.
![Fed raises key rate by quarter-point despite bank turmoil]()
Bank shares plummet as Credit Suisse rescue fails to quell contagion fears
UBS shares fell by as much as 16% in early trade, their biggest one-day fall since 2008, amid concerns among investors about the long-term benefits of the deal and the outlook for banks in Switzerland, a country once seen a paragon of sound banking.
![Banking stocks and bonds plummeted on Monday as the hit to investors from UBS Group's state-backed takeover of Credit Suisse fanned concerns about the health of the global banking sector.]()
SVB Financial seeks bankruptcy protection as banking turmoil persists
SVB Financial Group files for bankruptcy
Credit Suisse shares slide again amid banking crisis![SVB Financial seeks bankruptcy protection as banking turmoil persists]()
