The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation remaining elevated above the Federal Reserve's 2% target as data ...
President Donald Trump is touting new government statistics that show inflation remained steady last month. "JUST OUT: Great (LOW!) Inflation numbers for the USA," the president wrote in a social ...
Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's target rate as policymakers consider the case for interest rate cuts amid economic uncertainty. The ...
As Trump finishes the first year of his second term — having won the presidency on a pledge to " get the prices down " — the picture on inflation is more nuanced than he or his critics acknowledge.
After a four-year economic bacchanalia, America was left with a cost-of-living crisis. Runaway government spending and overregulation pushed up prices for many essentials at a breakneck pace, like the ...
WASHINGTON (AP) — Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from ...
The Labor Department says consumer prices increased 0.3% in December and held steady at 2.7% on a year-over-year basis. Food prices increased 0.7% for the month and were up 3.1% from a year ago. Gas ...