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An underlying inflation measure that captures longer-lasting trends remained elevated. Consumer prices increased 4.9% from a year earlier, down from 5% in March and a 40-year high of 9.1% last ...
That’s the six-word verdict from Apollo’s chief economist Torsten Sløk on where U.S. inflation is headed. Sløk feels the worst impacts of President Trump’s tariffs still lie ahead. Prices, he warns, ...
“The Consumer Price Index in the United States averaged 124.59 points from 1950 until 2024, reaching an all-time high of 314.80 points in August of 2024 and a record low of 23.50 points in ...
Headline inflation rose 3.4% on an annual basis in December, the Bureau of Labor Statistics reported Thursday, up from 3.1% the previous month. That was the biggest gain in three months and easily ...
Price inflation is moving up again, in spite of President Trump's repeated (and false) claims that prices are falling.
Prices of some items, such as eggs, have come off their peak. But, he says, “They seem to have landed at a higher spot.” And dinner at a casual restaurant costs more than $100, up from $50 to $70.
Prices continued to trend down toward the Federal Reserve's 2% target last month despite the rollout of sweeping tariff hikes. The Consumer Price Index rose 0.2% in April for an annualized ...
The November CPI confirms that the post-pandemic inflation episode has actually come to an end – though it seems that the Fed and most of the media haven't realized it – a dangerous disconnect.
March's Consumer Price Index (CPI) report showed inflation pressures eased considerably last month, with annual core prices rising at their slowest pace since March 2021. But it could be the ...
"The November CPI data probably do not move the needle much for the FOMC this week. Falling gasoline prices and modest food inflation restrained the headline CPI to just a 0.1% increase in the ...
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