The Fed's Beige reports U.S. price levels rose modestly. Of 12 Fed districts, nine reported moderate price increases, two reported stronger gains and one reported smaller gains; overall momentum was unchanged or slower versus the prior period. Higher energy, transport and raw-material costs lifted business input prices; some firms cited the Middle East conflict and tariffs as contributors. Consumer prices continued to climb and some firms reported margin compression. Outlooks on inflation diverg

The Fed's Beige reports U.S. price levels rose modestly. Of 12 Fed districts, nine reported moderate price increases, two reported stronger gains and one reported smaller gains; overall momentum was unchanged or slower versus the prior period. Higher energy, transport and raw-material costs lifted business input prices; some firms cited the Middle East conflict and tariffs as contributors. Consumer prices continued to climb and some firms reported margin compression. Outlooks on inflation diverged—some expect inflation to remain near current levels, while others said falling fuel prices could ease pressure.