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If inflation continues to cool and economic data justifies it, a Fed rate cut could come later this year. That's good news for gold. Lower interest rates weaken the dollar and reduce the ...
Inflation cooled less than expected in September. Consumer prices were up 2.4% from 2024. The government announced that Social Security recipients will get a cost of living increase of 2.5% in 2025.
Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's views on combating high prices for Americans.
Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.
Economists warn that Trump’s big tax bill could worsen inflation and lead to a financial crisis, citing concerns over the ...
Inflation in the US and other major economies has slowed sharply over the past year as energy prices retreated from record highs.. Yet the battle to tame rising prices is not yet won, and the risk ...
Core PCE inflation, which is the Federal Reserve’s favored measure of price changes as it excludes more volatile food and energy categories, was 2.5% in April, lower than projections of 2.6%.
The Federal Reserve's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy, given the inflation experience of the last ...
Overall inflation came in at 2.5 percent, a level that sits well above the Federal Reserve's 2 percent target and has been more or less in place since November.
The US economy ended 2021 with a lot of uncertainty and serious problems, such as inflation. How will economists know if things are improving in 2022?