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June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation ...

Doug Wintemute is a staff writer for Forbes Advisor. After completing his master’s in English at York University, he began his writing career in the higher education space. Over the past decade, Doug ...

Current 12-month inflation at 3.5%, above the Fed's 2% target. Core inflation, which excludes food and energy, increased to 2.6% from last year. Energy inflation spiked 15.7%, driven by the Iran ...