Inflation

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 […]

Javier Ghersi/Getty Images (WASHINGTON) — The release of inflation data on Wednesday will reveal the latest movement for consumer prices, which continue to strain households and top surveys of voter priorities less than five months before the November election. The data will arrive hours before the Federal Reserve announces a decision about whether to move […]

Kinga Krzeminska/Getty Images (NEW YORK) — As Americans continue to experience sticker shock with volatile food costs, a slight ease of inflation last month could provide relief for consumers’ wallets — particularly at the grocery store. Food prices rose at a much slower pace than overall inflation since the same time last month, the Department […]

Bloomberg Creative/Getty Images (WASHINGTON) — Consumer prices rose 3.4% in April compared to a year ago, slowing slightly from the previous month and offering a welcome sign for the Federal Reserve in its yearslong inflation fight. The fresh data matched economists’ expectations. After falling dramatically over the course of last year, inflation had accelerated in […]