Range reports inflation has decreased to 2.4%, yet consumers face financial strain, with many citing high prices as their ...
New data on producer price inflation, or PPI, will be released on Friday. And while it’s not the inflation that faces consumers, it impacts decisions companies make about raising prices.
President Donald Trump inflated his administration’s success in reducing inflation at his Feb. 24 State of the Union address, falsely claiming he inherited "record levels" from President Joe Biden.
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans ...
Data from AAA shows that national average for gas prices are not at $2.30, as Trump stated, but higher instead.
Fed officials will get another month of inflation and employment data before their March meeting but are still expected to ...
Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...
WASHINGTON, Feb 24 (Reuters) - The U.S. Federal Reserve could resume cutting interest rates if inflation starts to fall, but ...
A solid consumer economy and steady labor market mean that the Fed should be primarily focused on addressing elevated inflation, Chicago Fed President Austan Goolsbee said.
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.