With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Inflation report to show U.S. price growth remains elevated, posing challenge to Trump
The final inflation report covering the Biden administration shows President Donald Trump inherited an unfavorable inflation ...
Wages are rising faster than inflation. Why are consumers still feeling the pinch?
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
US Core Inflation Seen Rising at Firm Pace in January
Inflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach ...
January CPI report expected to show headline inflation eased slightly amid rate cut debate
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
It's not just eggs. Your morning coffee is likely to get more expensive, too.
Arabica coffee prices hit all-time highs, driven by recent weak harvests. Bank of America expects retail prices to rise in ...
How Trump's tariffs could affect the price of popular foods
The broader impact of President Trump's tariffs could cause food prices in the U.S. to rise at a time when grocery prices are ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
If they take effect, President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher ...
Key Fed inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024 ...
Los Angeles Times11d
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
WASHINGTON — An inflation ... prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. Excluding the volatile food and energy ...