Economist say the new consumer price data is based on incomplete information because of the government shutdown.

US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...

They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.

Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...

US CPI was surprisingly soft in November with an annual headline rate of just 2.7%. There is some scepticism due to the scale of the downside 'miss' relative to analyst expectations and the impact of ...

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 ...

WASHINGTON, Dec 12 (Reuters) - Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living ...

The S&P 500 gained 0.4%, moving closer to its October record, while the Dow climbed 386 points, or 0.8%. The Nasdaq composite posted a modest 0.1% rise. Powell also said the current overshooting of ...

After cutting interest rates in December, the Fed struck a relatively hawkish tone. It kept the door open to cutting rates in ...

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An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...