Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t …
12 hours ago · Concerns about a looming glut have weighed on the price of oil, which has been hovering around $70 a barrel in the United States. U.S. companies generally need prices above $60 a barrel to ...
Trump ordered the U.S. government to lower prices for ... - CBS News
2 days ago · In the meantime, inflation has cooled dramatically since reaching a 40-year high in June 2022, although the consumer price index remains stubbornly above the Federal Reserve's goal of a 2% annual ...
US inflation ticked up last month as some price ... - Associated Press News
Dec 11, 2024 · WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October.
Inflation Sped Up in December, a Fresh Challenge for the Fed
Jan 15, 2025 · The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
CPI Report: US inflation reaches lowest point since February 2021 - AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
CPI report updates: Inflation rises slightly | AP News
Nov 13, 2024 · Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to October, prices edged up 0.2%, the same as the previous month.
CPI rose 2.7% in November from a year ago as Fed struggles ... - CBS News
Dec 11, 2024 · CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve 02:14. Inflation rose 2.7% on an annual basis in November, according to the latest government report on the ...
U.S. inflation higher than expected in December as food and ... - CBS News
Jan 12, 2024 · Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target may be a bumpy one.
Stubbornly high US inflation grew stronger than expected in March - CNN
Apr 10, 2024 · Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...
Inflation Ticks Up, but Details Are Encouraging for the Fed
Dec 11, 2024 · Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024. ... “The good news is that we can afford to be a little more ...