The post-pandemic burst of high inflation, once called "transitory" by Federal Reserve officials, is poised to enter its fifth calendar year.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and “producers don’t produce it.” Only for Friedman to go ...
Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...
Inflation fears have re-emerged on Wall Street as investors brace for a barrage of policy changes under a second Trump administration and Republican control of government. Yet despite metrics ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The ...