WASHINGTON (AP) — A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer — and faster ...
Polo Rocha has written about economics and banking for a decade. Kevin Dietsch / Getty Images Inflation rose to 3% in December, prompting the Federal Reserve to pause further interest rate cuts.
An apparent slowdown in inflation since last fall has eased worries on Wall Street, but skeptics are yet to be convinced price pressures have largely evaporated. A new Federal Reserve study might add ...
New Jersey prices rose at their slowest pace in more than two years in January 2026, federal numbers show, after consumer sentiment, the job market and numerous businesses were upended by the ...
Inflation slowed in January to its tamest pace since May 2025 as the economy seemingly skirts the full effects of President Trump’s tariffs for now – helped by falling gasoline prices. The Consumer ...
The January inflation reading offered encouraging signs for consumers and the U.S. economy, with the Consumer Price Index coming in below Wall Street expectations and falling to its lowest level in ...
U.S. inflation cooled to 2.4% in January from 2.7% in December, with monthly prices rising 0.2%. Shelter and food gains moderated while energy fell 1.5%. Core inflation eased to 2.5%. Economists ...
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 ...
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly. However, certain details of the latest Consumer Price Index presented a more sobering ...
Inflation eased more than expected at the beginning of 2026, largely driven by price drops for durable goods and energy. Economists say lessening inflation for durable goods (like used vehicles and ...
Many American consumers have been bracing for President Donald Trump’s tariffs to spark a dramatic surge in consumer prices, pushing the inflation rate into the danger zone. They’re still waiting. The ...