The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...
President Donald Trump is facing political pressure over too-high inflation, in what could be a key challenge for Republicans heading into the midterm elections next year. Inflation under former ...
Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...
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 ...
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 Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures ...
The numbers: A key measure of inflation rose at a slightly elevated pace in August, but not enough to suggest much bigger increases tied to U.S. tariffs are on the way. The latest price report is ...
WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures ...
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 ...
President Trump's raising tariffs on everything from prescription drugs to home furnishings starting Wednesday. Pharmaceutical products will face *** 100% import tax unless that company has broken ...