Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence ...
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data ...
Annual inflation in the United States climbed to 2.9% in December 2024, marking its third consecutive monthly increase and ...
The Federal Reserve cut interest rates by 25 basis points in its final meeting of the year. The Fed aims to bring inflation ...
The Labor Department said on Wednesday that inflation rose by 2.9% in December, up from 2.7% in November and the highest rate since July 2024. Biden went on to claim red states "screwed up" on ...