Inflation

Tang Ming Tung via Getty Images (WASHINGTON) — Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week. The reading matched economists’ expectations. The fresh data marked two consecutive months […]

Hispanolistic via Getty Images (WASHINGTON) — The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election. Inflation has cooled dramatically since a peak of 9% attained in 2022, now […]

Noel Hendrickson/Getty Images (NEW YORK) — A surging stock market, low unemployment and robust growth — by just about every measure, the economy stood poised to deliver victory for Vice President Kamala Harris. The exception, of course, was inflation, and it appears to have overshadowed other indicators. More than two-thirds of voters say the economy […]

Andrew Harnik/Getty Images (NEW YORK) — Inflation has loomed over the U.S. economy like a movie villain, haunting grocery store trips and gas runs. While costs remain much higher than they were a few years ago, those rapid price increases have mostly vanished. Inflation stands at its lowest level in more than three years, hovering […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the Federal Reserve, days before a widely expected interest rate cut. Inflation cooled significantly from a year-over-year rate of 2.9% recorded in the previous month. Price increases have fallen […]

Javier Ghersi/Getty Images (NEW YORK) — A fresh inflation report on Wednesday will show whether price increases have continued a monthslong cooldown as they fall toward normal levels. Economists expect prices to have increased 2.6% over the year ending in August. That figure would mark a notable slowdown from the year-over-year rate of 2.9% recorded […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed economists’ expectations, reaching its lowest level since 2021. Inflation has slowed for five consecutive months, reversing a surge in […]

Kinga Krzeminska/Getty Images (WASHINGTON) — Consumer prices rose 3.0% in June compared to a year ago, extending a monthslong stretch of progress in the fight to slow price increases. The latest inflation reading outperformed economists’ expectations. Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of […]

Kinga Krzeminska/Getty Images (WASHINGTON) — A monthslong stretch of progress in the fight against inflation will face another test on Thursday when a U.S. government agency releases fresh data on price increases. Inflation has cooled for three consecutive months, reversing a surge in prices that took hold at the outset of 2024. Price increases have […]

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3.3% in May compared to a year ago, easing slightly from the previous month and outperforming economists’ expectations. The data arrived hours before the Federal Reserve is set to announce a decision about whether to move its benchmark interest rate. Price increases have slowed significantly from a […]