Annual inflation was 2.7% in May, according to the core personal consumption expenditures (PCE) price index, the Fed’s favored measure of price changes as it excludes the volatile food and energy ...

The United States is recovering faster than its peers from the historic bout of inflation squeezing families and souring the mood of the nation, according to a new analysis from White House ...

White House press secretary Karine Jean-Pierre said June’s reading would be “highly elevated.” Getty Images “The President’s number one economic priority is tackling inflation.

The Fed’s target inflation rate is just 2%, meaning prices are still rising faster than the agency would like. But Madland thinks an interest rate cut before the fall is a realistic proposition.

Inflation Under Control: White House's Faulkender. Posted: May 15, 2025 | Last updated: May 15, 2025. Michael Faulkender, US Deputy Treasury Secretary, states the Trump Administration has ...

NPR's Ayesha Rascoe speaks with Ernie Tedeschi, outgoing chief economist at the White House Council of Economic Advisers, about the latest jobs report and ongoing inflation.

The White. Inflation ticked up to 3.4% for the year ending in December, an unwelcome development as the Federal Reserve grapples to contain prices.

Fox News reporter Steve Doocy confronted Karine Jean-Pierre on President Biden's handling of inflation. The White House claims Biden has "done the work" to fix the issue.

The anniversary of the Inflation Reduction Act happened to coincide with a significant decrease in the inflation rate, but the law was really about priorities like clean energy, drug prices and ...

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a ...