US producer prices unexpectedly fell in June, showing inflation was retreating. Wholesale goods prices declined significantly, driven by lower energy product costs. Consumer prices also dropped, slowing the annual inflation rate considerably. Financial markets anticipate the Federal Reserve will hold interest rates steady this month.

U.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile ceasefire took hold. This truce collapsed,…

US CPI fell 0.4% in June 2026, the first monthly decline in six years, as gasoline prices dropped 9.7%. Core inflation eased to 2.6% year-over-year.

US producer prices unexpectedly fell in June, showing inflation was retreating. Wholesale goods prices declined significantly, driven by lower energy product costs. Consumer…