The consumer price index cooled unexpectedly in November. But economists said the data should be interpreted with some caution due to the government shutdown.
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 ...
Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor ...
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 ...
Economists prefer to look at the rate of change of inflation knowing that inflation almost always goes up in the long-run. Economists sometimes extract certain items like oil and food because they are ...
As inflation continues to slow, shoppers are finally getting some relief at the grocery store. Rising food prices have been among the biggest drivers of inflation since 2020, with a combination of ...
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 ...
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 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 ...
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