The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian Cheung and Editor-in-Chief at Investopedia Caleb Silver break down the ...
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Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target. Despite significant ...
Inflation by the Fed's preferred measure is well down from its mid-2022 peak of around 7%, registering 2.4% in November. Still that's above the Fed's 2% goal, and in December policymakers ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...
Selcuk Acar / Anadolu / Getty Images Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists ...
From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation. (Although the carton of eggs would like to disagree). The prices of everyday goods and services were up 2.5% from ...