Inflation continued its downward trajectory in August, according to data released Wednesday morning, though the focus for the health of the U.S. economy has largely shifted from whether inflation will ...
A key inflation measure fell to its lowest level in more than three years last month, but there’s still plenty of work remaining to get price increases down to the historically acceptable level.
Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...
WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal ...
Inflation cooled last month, but the latest data may offer less comfort to U.S. businesses, consumers, and Federal Reserve policymakers than it otherwise would because tariffs are threatening to raise ...
The latest reading of the Fed's preferred inflation gauge showed inflation eased in May as prices increased at their slowest pace since March 2021. The core Personal Consumption Expenditures (PCE) ...
From January 2021 through December 2024, if current estimates remain on track for the fourth quarter, the federal government will spend $26 trillion—a 30 percent increase—adding an additional $7.9 ...