The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ironclad. The latest pair of inflation ...
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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 ...
State and local economic conditions and policies lead to deviations in inflation from the national average. For example, if local housing supply is relatively inelastic, then monetary or fiscal ...
White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected. "It was just an absolute blockbuster ...
After long-awaited government data showed underlying US inflation cooled to a four-year low in November, economists agreed on at least this much: something was off. In a report fouled by the ...
Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest rate cuts next year. The Bureau of Labor Statistics said on ...
Millions of American consumers have been waiting for President Donald Trump’s tariffs to spark a dramatic rise in consumer prices, pushing the inflation rate into the red zone. They’re still waiting.
Good afternoon, and welcome to our live coverage ahead of tomorrow’s UK inflation data release. The final week before Christmas is a big one for UK macroeconomic news. Today saw the release of labour ...
Dec 10 (Reuters) - Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank's 2% inflation target is mostly the result of President Donald Trump's import ...
Americans feeling squeezed by rising grocery bills are getting more inventive with leftovers in the kitchen. Although overall food inflation has cooled, the prices of many staples — including beef, ...
The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...