The personal consumption expenditures price index, a measure the Fed uses as its main forecasting tool, showed inflation at 2.8% for the month both for headline and core in November. The readings were ...
CNN is facing social media backlash after a social media user pointed out a perceived disparity in how the outlet framed the economy under President Donald Trump versus former President Joe Biden.
Certain folks would like to tell you that inflation is cured. And in some ways, if you track inflation by the Consumer Price Index, there is some truth to the thesis that the cost of living has ...
The Federal Reserve’s preferred gauge for inflation in October and November was released belatedly after the government shutdown. By Talmon Joseph Smith Consumer prices increased moderately in October ...
Soaring metals prices, geopolitical risks and threats to the Federal Reserve’s independence are starting to raise concerns that inflation could accelerate by more than expected in 2026. That matters ...
Kansas City Fed President Jeff Schmid reiterated his view that inflation pressures are still too evident in the economy and that interest rates should remain unchanged in a speech Thursday. Schmid, ...
If something sounds too good to be true, a realist would suggest that’s because it might be. When President Trump promised on the campaign trail to “end inflation,” it might have been one of those ...
Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. "You're ...
Inflation is stubbornly refusing to be vanquished by presidential edict. Prices paid to domestic producers for their goods jumped by 0.5 percent during December, according to Department of Labor data ...
OTTAWA, Jan 19 (Reuters) - Consumer prices in Canada rose a faster-than-expected 2.4% in December, largely due to the base effect of the previous year's sales tax break, but closely watched core ...
Americans began 2025 with affordability on the brain, hopeful that inflation would keep falling and that a new president would make good on promises to cut prices. The year brought good news on that ...
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