Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
The most basic measure of year-over-year inflation has risen on President Donald Trump’s watch. After stripping out historically volatile food and energy prices, the inflation rate under Trump has ...
Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents have soared since the pandemic.
The Consumer Price Index rose as expected in December, according to data released Tuesday by the Bureau of Labor Statistics, as economists remain skeptical about the accuracy of recent economic data ...