Grocery price hikes canceled out price drops in February, the CPI shows. But since 2020, the overall cost of food is up 24%.
February’s inflation report was better than expected, but it doesn’t tell us much about where prices are heading given the uncertainty around Trump’s trade war. “The widespread imposition of tariffs ...
WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...
Core PCE inflation, or price increases excluding food and energy costs, could rise to 3% this year, rather than sinking to 2.1% by year-end if there were no tariffs in place. The cost of food ...
Lower inflation could actually be good for retirees, even if it keeps future Social Security increases in check.
U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the ...
Rent and mortgage payments are the biggest items in most household budgets, so slower increases in those categories could ease inflation's sting. Two housing cost indicators in the Consumer Price ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car ...