Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%. The Fed has ...
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out. The Bureau of Labor Statistics consumer price index for food at home was ...
Explore the effects of cost-push and demand-pull inflation on supply, demand, and prices. Learn the causes and key differences to better understand economic impacts.
WASHINGTON -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday ...
Inflation rose by 0.5% in January, with core inflation up 0.4%; year-over-year inflation is now 3.0%, indicating disinflation has stalled. Service sector inflation showed progress, with ...
For seniors on Social Security, there’s perhaps no more important an announcement than the annual cost-of-living adjustment (COLA) update. Social Security benefits are eligible for an automatic COLA ...
The period covered by the release was before energy prices surged over the past two weeks in the fallout from the Iran war, which is expected to push up inflation when March data is released. “The ...
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