Wholesale inflation in the U.S. eases in February. What does it mean?
Wholesale prices in the U.S. didn't rise in February. Hooray. The report follows a similarly mild increase in consumer prices. Inflation is still running well above prepandemic levels, however, and ...
Why this week's positive inflation reports won't look as good to the Fed
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
Bad News From This Week's Inflation Data: The Fed's Favorite Gauge Likely Ticked Up
On the surface, this week's inflation readings brought decent news. Gains in consumer prices cooled a bit through February, and the [prices that producers charged stayed flat]( ...
What does February’s inflation report mean for me?
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 ...
Inflation Plummeting, New Data Shows
According to the most recent BLS reading, released Wednesday morning, February saw less steep price increases for consumers. The Consumer Price Index (CPI) rose by 0.2 percent, a slowdown from January ...
US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
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As tariffs take effect, what to expect in latest inflation report
The report, scheduled for release at 8:30 a.m. ET, is expected to show a 2.9% rise in the CPI from the previous year, according to economists surveyed by FactSet. If accurate, this would represent a ...
The economic cost of ex-Cyclone Alfred could be $1 billion a day
He's not alone. In addition to the human cost, the financial cost is rising across the economy. AMP chief economist Shane Oliver told The Business that south-east Queensland and northern New South ...
COVID-19 shut us down five years ago. Here's how its economic impact continues
COVID triggered record government debt, hit labor markets and shifted consumer behavior. Inequality has increased, while ...
Fact-checking Trump's speech to Congress
Six weeks into his presidency, Donald Trump addressed Congress and the nation Tuesday evening, laying out his goals for the next four years. ABC News, along with PolitiFact, live fact-checked Trump's ...
Fact-checking Trump’s address to Congress
President Donald Trump made numerous false claims in his Tuesday speech to a joint session of Congress. The falsehoods ...
FACT FOCUS: A look at false and misleading claims made by Trump during his address to Congress
THE FACTS: Trump is banking on the idea that taxing imports is the road to riches for the United States. Most economists say ...