The Iran war has pushed up gasoline, airline fares and other prices for consumers.
The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. This figure was ...
The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from ...
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic ...
GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday. The first revision of the GDP reading was a sharp ...
Inflation eased in December as core consumer prices rose at the slowest annual rate since March 2021 in the final month of the year. The Consumer Price Index (CPI) released by the Bureau of Labor ...
Over the past two years, the Federal Reserve has largely reigned in inflation. The Consumer Price Index (CPI) has moderated from 9.1% to 2.4%, putting the Fed’s 2% inflation target within reach. While ...