Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk. By Jeanna Smialek The Federal Reserve’s preferred inflation measure sped ...
Inflation has risen for the second month in a row, according to official figures. The overall rate of price rises - as measured by the consumer price index (CPI) - grew by 2.6% in November, a ...
On paper, the U.S. economy has been strong. Inflation is down from its 2022 peak, the labor market remains solid and robust consumer spending is fueling gross domestic product growth. But all ...
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation target. The Commerce Department on Wednesday reported that ...
Inflation has fallen dramatically from its peak but ticked up this fall. A fresh inflation reading this week flashed a warning: Price increases are rising again, just when the Federal Reserve had ...
WASHINGTON — Fueled by pricier used cars, hotel rooms, and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Abolishing the Biden inflation tax on American purchasing power is President-elect Donald Trump’s primary mission, but it could take a while. Jason Trennert of Strategas writes in a note to ...
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term. By Eshe Nelson Reporting from London It’s a somber end to the ...
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher.
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.3% on a yearly basis in October from 2.1% in September, the US Bureau ...
UK inflation ticked higher in November, reaching 2.6%, up from 2.3% the previous month, driven by the rising cost of petrol, groceries and an increase in tobacco duty in the budget, according to the ...
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