Inflation continued to run hot in July, underlining the Federal Reserve's dilemma as it looks to lower prices for American consumers while propping up a job market that is starting to wobble. Prices ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
Inflation has cooled significantly in recent months — but you may still find yourself paying more at the grocery store or the doctor's office than before the pandemic. It's a big reason why people are ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...
For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to ...
NEW YORK - AUGUST 14: People shop at a Fairway grocery store August 14, 2008 in the Brooklyn borough of New York City. A new government report has shown that U.S. inflation has risen to a 17-year-high ...
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ...
Inflation is stuck above the level that most Federal Reserve policymakers consider healthy. That’s still unlikely to be enough to knock Fed Chair Jerome Powell off course from announcing another ...
For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...
Tariffs are fueling a significant chunk of price hikes across the economy, according to a survey of executives released Wednesday. Chief financial officers estimate tariffs are to blame for about ...