A 1% inflation rate implies that an item that cost $100 last year would cost $101 this year. Of course, inflation doesn't affect every type of purchase in the same way, and there is quite a bit ...

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

The rule goes like this: unemployment and inflation have an inverse relationship, meaning inflation is low when unemployment is high, and vice versa. The rule is a guiding light for the Federal ...

Inflation is set to run above the Federal Reserve's 2% annual target for a fifth year if projections for 2025 hold true. High inflation has roiled the economy and household budgets since the U.S ...