President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
New and used car prices were mixed to start the year in January’s Consumer Price Index (CPI) reading, but used prices continued trending higher, with January’s jump the largest since May 2023.
U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...
Wednesday’s 52-48 vote fell along mostly party lines, with Senator Mitch McConnell of Kentucky the only Republican to join ...
Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...
Since his election victory, Trump has continued with his tariff plans. The price of eggs has skyrocketed, and inflation has now hit 3%, a much higher number than predicted. Many commonly purchased ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...