WASHINGTON: US consumer inflation slowed more than expected in June, but that will 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 Consumer Price Index increased by a sti»»»

WASHINGTON (July 14): US consumer inflation slowed more than expected in June, but that will 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 Consumer Price Index increase»»»

Gold prices fell on Thursday, pressured by a stronger dollar and elevated oil prices that stoked inflation worries, as investors tried to assess the conflict direction from stalled US-Iran talks. Spot gold was down 0.9% at $4,696.71 per ounce, as of 1135 GMT. US gold futures for June delivery fell »»»

A 48.9% increase in prices for fresh and dry vegetables was a big factor in the rising index for foods in February, the U.S. Burea of Labor Statistics reported Wednesday. File Phot by Gary C. Caskey/UPI | License Photo March 18 (UPI) -- The producer price index for final demand goods had its sharpe»»»