energy prices

Core PCE, the Fed’s preferred inflation measure, hit an annual rate of 3.3% today. But there’s not that much the Fed can do when there are so many factors outside of its control.

As Trump has declares the truce “over” and aggression ramps back up, Robin Brooks of the Brookings institution walks us through what this all might mean for the global oil market.

The consumer price index rose 4.2% in May, driven largely by energy costs that are up about 24% year over year.

Just how many “transitory” inflation events does it take before inflation becomes persistent?

The appliance maker said sales of major appliances in North America fell nearly 7.5% last quarter in its latest earnings report.

The value of stuff the U.S. imported (like passenger vehicles) rose, but so did the value of stuff it exported (like oil and agricultural products).

Businesses are passing costs on to customers, consolidating packages and, in some cases, taking shipping into their own hands.

As with many major geopolitical events, the war in Iran could be a headwind or a tailwind for different parts of banks’ businesses.

Prices rose, and consumers managed to keep up. It’s been the status quo for a while now.

The Fed usually looks through energy shocks. We break down why — and what could make this time different.