The White House says inflation is low and cool. Virtually every alternative calculation paints a less rosy picture.
The last CPI data from August weren’t overly reassuring. It showed headline inflation increased to 2.9%, due mainly to ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
The Federal Reserve cut interest rates by a quarter point Wednesday, its first reduction this year, as officials signaled they are more concerned about a softening labor market than the risks of ...
President Trump's tariffs have made inflation worse, and consumer prices are likely to continue climbing as companies pass along more of the tariff-driven cost increases. The Social Security Trustees ...
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Fed's Kashkari advocates two more rate cuts this year as he sees limited tariff impact on inflation
Minneapolis Fed President Neel Kashkari said Friday that he expects tariffs to exert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead. Kashkari said a ...
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