Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Consumer prices increased 2.9% in August compared to the same time last year. That’s above the Federal Reserve’s 2% target. Inflation is rising as the job market is weakening. Inflation rose again ...
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June as the central bank continues to monitor for signs of tariff-induced inflation impacting consumers. The ...
WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices ...
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Inflation Rose Less Than Expected In May
Inflation rose less than expected in May, with prices increasing 2.4% over the year in May compared to a 2.3% increase in April. "Core" inflation, which excludes food and energy prices, was up 2.8%, ...
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