A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again after Wednesday's hotter-than-expected CPI report. Apollo economist Torsten ...
The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...
The US economy grew 3.1% last year, trouncing widespread calls for a recession and exceeding my relatively sober expectation for 2% growth. The correct way to view the interplay between growth and ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. This was lower than the ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
The broadest measure of inflation -- the Consumer Price Index for All Urban Consumers (CPI-U) -- has shown clear signs of tapering over the past year. However, a "core" component of the CPI-U remains ...
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Inflation fell slightly in May, as positive trends such as lower gasoline prices were counteracted by others including stubbornly high costs for housing. Trends under the surface suggest the fight ...
The consumer price index rose 2.4% on an annual basis in May 2025, up from 2.3% in April, according to the Bureau of Labor Statistics. Inflation trends are largely encouraging under the surface, and ...
Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars. The CPI gauges how fast prices are changing ...
Inflation declined in January and consumers' buying power rose as price pressures for U.S. goods and services continued to ease. The consumer price index, a key inflation gauge, rose 3.1% in January ...
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