Business

Inflation Eases as AI Investment Booms

Updated 2026-07-14 12:40 UTC 1 source Neutral

Consumer prices increased by 3.5% annually in June, below expectations due to easing energy costs. Federal Reserve Governor Warsh expressed optimism about the future, citing the benefits of a growing AI sector.

Coverage timeline — 2 articles
CNBC
Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
2026-07-14 12:30 UTC
CNBC
The consumer price index in June was expected to increase 3.8% from a year ago.
2026-07-14 12:35 UTC
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