US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
WASHINGTON, July 14 (Reuters) - U.S. consumer inflation likely slowed in June, but that would probably offer little comfort to households or rule out an interest rate increase from the Federal Reserve this year, with the conflict in the Middle East still unresolved.
Reported by 2 outlets — Investing.com · Economy, Seattle Times. See all sources ↓
WASHINGTON, July 14 (Reuters) - U.S. consumer inflation likely slowed in June, but that would probably offer little comfort to households or rule out an interest rate increase from the Federal Reserve this year, with the conflict in the Middle East still unresolved. The anticipated moderation in the Consumer Price Index would largely reflect a retreat in gasoline prices from multi-year highs as a fragile ceasefire between the U.S. and Iran took hold last month.
Read the full report at Investing.com · Economy ↗
Why it matters
2 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- WASHINGTON, July 14 (Reuters) - U.S. consumer inflation likely slowed in June, but that would probably offer little comfort to households or rule out an interest rate increase from the Federal Reserve this year, with the conflict in the Middle East still unresolved.
- How widely is it covered?
- 2 outlets, average source rating 6.0/10.
- When was it last updated?
- 6m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
Sources1TypeCoverageInvesting.com · Economy
- Coverage card1 outlet2CoverageScouting report
Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
Sources1TypeCoverageSeattle Times