Persistent Core CPI at 2.9% Signals Inflation Stubbornness, Raising Stakes for Fed Amid Rising Shelter and Energy Prices—What Investors Need to Watch Next
Food Prices and Inflation: What Investors Must Know Now June’s inflation data reveals a nuanced picture for investors navigating today’s economic landscape. Food prices rose 0.3% month-over-month, driven primarily by a 1.4% jump in beverage costs and a 0.9% increase in fruits and vegetables. While egg prices plunged 7.4%, beef bucked the trend with a…