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Some economists think inflation will hit 3.5% in this morning’s report, coming in above the Bank of England’s forecast. We ...
Inflation rose to its highest level since February last month, with consumer prices up 3% compared to a year ago, according to new data from the U.S. Labor Department.
When consumers buy more now in anticipation of higher prices — and workers demand higher pay — it can lead businesses to ...
If you're worried about inflation making a comeback in 2025, they could be worth a closer look right now, especially since the Treasury Department just raised the I bond interest rate.
For that reason, economists and Fed officials often pay special attention to "core" inflation measures, which exclude prices for food and energy. That number rose 2.8% over the last 12 months, the ...
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