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US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures. The consumer price index, excluding often volatile ...
Compared with a year ago, prices are up 3.1%. That is less than the 3.4% figure in December and far below the 9.1% inflation peak in mid-2022.
The inflation data followed last Friday's employment report, which showed an acceleration in job and wage growth in April as well as the unemployment rate falling back to a 53-year low of 3.4%.
US inflation slowed more than expected in February, with core inflation posting its smallest gain since 2021 -- although the data was gathered before President Trump began amp up his tariff wars ...
Inflation was softer than expected in April — sparking a fresh push from President Trump on Fed Chairman Jay Powell to slash interest rates. The Consumer Price Index rose 2.3% in April from a ...
China's sickly economy is too weak to stop global recession if the US falters, leaving just one country to carry worldwide ...
US inflation slows but remains elevated The Labor Department report showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month.
Egg prices, which fueled voter discontent over inflation in last year's U.S. presidential election, increased 58.8% on a year-on-year basis in February, the first full month of the Trump ...
Many economists expect inflation to fall to roughly 4% later this year. But it could plateau at that point so long as hiring and wage gains remain vigorous.
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. The ...
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. Tuesday’s ...