Consumers now expect prices to rise under Trump — and are stocking up for what could be an expensive four years.
US consumer inflation at the headline level in November ticked up to a 2.7% annual rate – the fastest pace since July. The core rate of CPI – seen as a more robust measure of the trend – held steady ...
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
Loge said that going into 2025, the U.S. would have a relatively strong economy, with inflation at close to 2 percent, and that "the prudent policy would be to stay the course." ...