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Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
A new study shows how major US cities feel the cost of inflation. You might be surprised at how hard this Colorado city is being hit by inflation.
Economic Report More good inflation news: There’s little sign of rising wholesale prices from tariffs Producer-price index barely rises in May. Trade wars haven’t led to more inflation so far.
The result was the current cost-of-living crisis. But Trump has managed to put the brakes on inflation in only four months, delivering an annualized inflation rate of just 1.4 percent.
Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index.
U.S. inflation rose 2.4% over the 12 months through May, with tariff increases not showing up significantly so far. Metro Phoenix inflation is lower.
Forecasters say underlying US inflation likely picked up in May, reflecting a modest impact from tariff pass-through for goods that are mostly imported, while some services like airfares saw ...
American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Only 29% ...
President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four years.
The Fed'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.
Forecasts for April PCE Report Show Another Good Month for Inflation Overall inflation is cooling, but tariffs could throw a wrench in the outlook.
Goldman Sachs predicts a tariff-induced inflation surge will be much more subdued than the 2022 scare. Goldman Sachs Goldman Sachs outlined three reasons why you shouldn't expect a repeat of 2021 ...