But prices still rose. In fact, the 3.5% annual inflation rate for June was higher than the inflation rate in any month of 2025. Inflation is complicated. Prices can be down for the month, as they ...
Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...
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Take a Number: A Striking Figure in Economics News Today Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in ...
Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...
Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Overall, the yearly inflation rate rose to 4.2% in May from ...
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 ...
Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...
WASHINGTON (AP) — A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the ...
Inflation cooled more than expected in January, capping a week of promising economic data, easing pressure on the White House, which has faced political criticism about the economy. Friday’s consumer ...
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