Economist Paul Krugman says Trump's tariffs, tax cuts, and deportations won't bring down grocery prices and will harm working ...

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...

December's softer-than-expected monthly core reading from the consumer-price index likely gives the Federal Reserve "some breathing room" ahead of uncertain impacts from tariffs, said BMO Capital ...

Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.

U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.

Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

The core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.

The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has ...

Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...

In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...

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