Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed ...
Inflation is slowly moving back to what’s considered a more sustainable pace, but for many Americans, it’s hard to take solace: The post-pandemic spike in price hikes drastically increased the cost of ...
Inflation’s fingerprints are all over the 2024 race for the White House. Skyrocketing prices at the gas station, the supermarket and virtually everywhere else frightened Americans in the early days of ...
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers. The Producer Price Index, a measurement of average ...
Another day, another encouraging inflation report — but one with enough hint of concern to keep the victory parades at bay and keep the Federal Reserve from going big on its impending rate cut. The ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — This morning, economists got something they’ve been waiting three ...
The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still underscores the bumpy process ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome ...
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool. The economy added a staggering 254,000 jobs in September, according to Friday data from ...
It’s cold comfort for Americans gloomy about the state of the US economy, but President Donald Trump’s sweeping tariffs didn’t dramatically raise the cost of living in 2025. That could change in 2026.