Prices (Fares, Fees and Rates) – Page 159

The Fed’s Preferred Inflation Measure Cooled in June

The Personal Consumption Expenditures index moderated, even as consumer spending data looked strong.

By Jeanna Smialek

Chevron Corporation Company Reports Energy and Power Exxon Mobil Corp Inflation (Economics) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022)

Exxon Reports Leaner Earnings in Second Quarter

The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.

By Santul Nerkar

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Fed Raises Rates After a Pause and Leaves Door Open to More

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.

By Jeanna Smialek

Beverages Company Reports Federal Reserve System Food Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Unilever NV United States Economy

Companies Keep Raising Food Prices, Affecting Fed’s Efforts to Tame Inflation

Coca-Cola, PepsiCo and Unilever have each reported raising prices significantly in the second quarter, complicating the Federal Reserve’s efforts to tame inflation.

By J. Edward Moreno