Why inflation may depend on the spending habits of the rich

New research from Bank of America finds that the top 10 percent of earners account for 70 percent of discretionary spending.
AOL

The Fed’s inflation tracker flashes a warning: April and quarterly forecasts show prices rising as Iran War spikes the price of fuel — and everything

The Federal Reserve's preferred inflation tracker just flashed another warning sign for the U.S. economy, and it could spell more financial pain ahead. Data released by the U.S. Bureau of Economic ...
24/7 Wall St.

Former Fed President: “Core Inflation Is Too High.” Here’s Why the Fed May Not Be Done Tightening

Former St. Louis Fed President Jim Bullard, now Dean of the Mitch Daniels School of Business at Purdue University, believes the Federal Reserve is likely to resume tightening later this year despite a ...
Forbes

Oil Prices Drive Inflation Above Wages: A Blip, Not A Trend

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Man pumping gasoline, checking prices. The increase in consumer prices exceeded wage growth ...
Forbes

Inflation Rate Rises Above 4% As Fed Faces Pressure To Act

Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. This voice experience is generated by AI. Learn more. This voice experience is generated by AI.
Hosted on MSN

Inflation is rising, and the Fed's main tool to fix it might not work

The surge in oil prices is causing a wave of "supply-side" inflation that the Federal Reserve may be unable to counter with its main inflation-fighting tool. The Fed usually raises its fed funds rate ...
CNBC

Here's the inflation breakdown for May 2026 — in one chart

The consumer price index jumped 4.2% in May versus a year earlier, its highest level in more than three years, according to the U.S. Bureau of Labor Statistics. Gasoline and other energy prices surged ...
Morningstar

Inflation Spikes in March as Economists Warn of Spillover Effects in the Months Ahead

The latest CPI inflation data showed prices surged in March, largely powered by a double-digit rise in energy costs. While price growth outside energy was subdued, economists expect rising fuel costs ...
CNN

Uncomfortably high inflation is a real problem and it’s not going away anytime soon

Here’s something no American wants to hear: Prices are surging again, and uncomfortably high inflation could be with us for quite some time. Inflation has been a thorn in the US economy’s side since ...
The Motley Fool

The central bank's newest inflation forecast is worrisome

Between the 10th and 15th of every month, the U.S. Bureau of Labor Statistics (BLS) releases the prior month's inflation data, allowing anyone to peruse how prices are changing, compared to the ...
CNBC

Inflation could get in the way of Warsh's desire to cut interest rates, CNBC survey finds

Efforts by Fed chair nominee Kevin Warsh to satisfy President Donald Trump's demands for lower rates look likely to be stymied by high oil prices and inflation, according to the latest CNBC Fed Survey ...
USA Today

Trump loves the inflation! Take his word for it. | Opinion

I have great news for Americans worried that inflation just jumped above 4%, the highest hike in three years. It turns out rising consumer prices are fantastic! President Donald Trump, when asked on ...