Trump claims inflation is defeated, touts economic recovery post-Biden President Trump in Detroit claimed the economy is on its way to recovering despite high inflation which he blames the Biden ...

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 ...

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 ...

President Trump declared inflation “defeated” during a speech at the Detroit Economic Club on Tuesday despite a report earlier that day showing annual price growth of 2.7 percent, putting pressure on ...

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 ...