inflation - Page 2

The consumer price index rose 0.1 percent compared with June, the Department of Labor said Wednesday. Compared with a year ago, the consumer price index is up 3.4 percent.

On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Sen. John Kennedy (R-LA) discussed the Federal Reserve’s decision on rates earlier in the day and said that “The labor market’s okay, it’s not great” and tariffs are one cause of inflation.

The Federal Open Market Committee will meet this week, and the swaps market thinks there’s a significant chance it will decide to hike rates.

On Wednesday’s broadcast of NewsNation’s “The Hill,” Rep. Barry Loudermilk (R-GA) said that Iran is “not going to negotiate. They’re not willing to negotiate.” And “they have no interest in negotiating any resolution with the United States.” Loudermilk said, “[T]he

On Wednesday’s broadcast of NewsNation’s “The Hill,” Rep. Barry Loudermilk (R-GA) said that tariffs are “one of the sticking points that have also, in some elements, have contributed to this continual rise in cost and the fluctuation in costs and

The June inflation report was even better than it looks.

The consumer price index fell for the first time since 2020.

Fed officials were divided last month when it came to the direction of rates this year, minutes from the Fed’s June meeting indicated.

A Fox News poll published Tuesday shows the 2026 Maine Senate race remains tight, with incumbent Republican Sen. Susan Collins holding a narrow lead over Democrat Graham Platner.

An important test of economic policy is the ability of an economy to withstand a negative shock. This spring, the U.S. economy passed the test with honors.

The personal consumption expenditures price index climbed 4.1 percent last month from a year earlier, the largest year-over-year price increase since April 2023. Compared with the prior month, prices rose 0.4 percent.

On Monday’s broadcast of “CNN News Central,” Rep. Greg Stanton (D-AZ) said that in dealing with former President Joe Biden going forward, “we should be celebrating the successes that happened during the Joe Biden administration, particularly the Inflation Reduction Act,

A pair of reports on American businesses suggests that the U.S. economy was remarkably resilient against the pressures created by the Iran War.

The Federal Reserve Bank of Atlanta’s monthly survey of where businesses see inflation going showed the median expectation is for unit costs to rise 2.3 percent over the coming year, down from 2.4 percent a month earlier.

Consumers may feel the tides of inflation washing over our ankles again. The government sector, however, is neck deep in it.

The prices paid to U.S. businesses for goods and services rose at the fastest annual pace in more than three years in May, driven by higher energy costs. The Department of Labor said its producer price index (PPI) for final

The good news is that inflation cooled in May, and inflationary pressures are not spreading from the energy sector to the rest of the economy.

Prescription drug prices declined 0.9 percent in May, bringing the three-month cumulative decline to 2.39 percent since February.

The consumer price index rose 0.5 percent in May compared with April, the Department of Labor said Wednesday. Compared with a year ago, prices are up 4.2 percent. Those increases were in line with expectations.

The Federal Reserve Bank of New York released the results of its monthly consumer expectations survey, and the results provided ammunition to both optimists and pessimists.

Someone forgot to tell American consumers that they are supposed to be deeply depressed.

The personal consumption expenditures price index moved up 0.4 percent last month compared with March, according to the Commerce Department’s Bureau of Economic Analysis. Economists had forecast the index would rise by 0.5 percent.

Americans are increasingly gloomy about the U.S. economy.

The dominant view on Wall Street is that Kevin Warsh’s Fed is going to have to raise rates rather than cut them, likely as early as this year.

Higher gas prices are not being passed on to Walmart customers, hurting the companies earnings and forecasts even as sales continue to rise.

The U.S. economy has come to an unusual crossroads. Productivity is accelerating, the labor market remains historically tight, and workforce growth has stalled.

Rising expectations of inflation give the Fed another reason to stay on hold.

With only five and a half months to go before the midterm elections, Republican optimism about the economy is struggling against the tides of high gasoline prices, the renewed rise in inflation, and a market increasingly convinced that interest rates are not coming down soon.

This week saw Jerome Powell give up his crown but insist on still lurking in the cloakroom.

During an interview with Seattle ABC affiliate KOMO on Wednesday, Rep. Kim Schrier (D-WA) stated that the latest inflation numbers are “Really bad” but Washington has it worse, “about 1% worse than the rest of the country,” and “the tariffs did

Hidden beneath the soaring energy prices, the April PPI revealed that we’re seeing a totally different kind of inflation in another part of the economy.

Prices for goods and services produced by U.S. companies soared in April, far exceeding economists’ estimates and marking the worst monthly inflation in more than four years.

We better hope that April showers bring May flowers because last month we got drenched in inflation.

The consumer price index rose 0.6 percent in April, the Department of Labor said Tuesday. Compared with a year ago, prices are up 3.8 percent. This matched expectations.