Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents have soared since the pandemic.
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.
By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January amid cheaper ...
The Consumer Price Index rose as expected in December, according to data released Tuesday by the Bureau of Labor Statistics, as economists remain skeptical about the accuracy of recent economic data ...
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans still grappling with the sharp incre ...