Trump claims inflation is “crushing” prices
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WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal Reserve on track to cut ...
Inflation held steady in July as the headline figure for the Consumer Price Index was at 2.7% year-over-year, unchanged from June and lower than the expected 2.8% growth. The index for shelter rose 0.2 percent in July and was the primary factor in the all ...
The consumer price index rose 2.9% on an annual basis in August 2025, the fastest pace of inflation since January. Tariffs levied by President Donald Trump seem to be putting upward pressure on inflation for goods like clothing and furniture, economists said.
Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. Will tariffs cause inflation? As Democrats and Republicans argue over the effects of tariffs on inflation and the ...
Inflation heated up for a fifth straight month in September as the headline figure for the Consumer Price Index rose to 3.0% year-over-year. On a monthly basis, prices rose 0.3%, down from the 0.4% growth in August and less than the expected 0.4% monthly ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic currents would have on individuals' finances and the market.
The August 2025 Consumer Price Index report is expected to show inflation remaining stubbornly elevated, with economists projecting tariff costs to continue filtering through the economy. Economists expect the CPI to rise 0.3% on a monthly basis in August ...
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Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
FOR YEARS the world economy has defied doomsayers. When the coronavirus pandemic struck, many people expected a long slump; instead there was a fast and inflationary rebound. When central banks then raised interest rates to quell prices, a widely ...
Payments for this year’s permanent fund dividend started Thursday. More than 600,000 Alaskans will get the $1,000 PFD – and when adjusted for inflation, it’s the smallest amount in state history. Alaska Public Media’s Ava White spoke with Brett ...
The consumer price index rose 3% on an annual basis in September 2025. Economists said the Trump administration’s tariff agenda could raise consumer prices more in the months ahead. Without any other economic data, the report provides a look at the state ...