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The latest inflation data show consumer prices rose an average of less than 0.1 percent in May, a total rebuttal to mainstream media forecasts that President Trump’s economic policies wound ...
Higher prices aren’t over, but the central bank has officially completed its pandemic mission.
The economic vibes are improving, with consumers' inflation expectations falling last month for the first time in 2025. On Wednesday, CPI was also cool.
The Bureau of Labor Statistics reported that the consumer price index (CPI) increased in May, as inflation remained above the Federal Reserve's 2% target.
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.
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.
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge.
Inflation slows to its lowest in three years, offering relief to consumers with signs of price stabilization across sectors like food and energy.
In his latest criticism of the Federal Reserve, President Donald Trump said there is "virtually no inflation," but central bankers could beg to differ.
The last time inflation expectations ran that high was in 1981, toward the end of a historic period of high prices, remembered by the Federal Reserve as The Great Inflation.
A closely watched measure of inflation shows that prices excluding fuel and food ticked up in February. Here's what to know.
Trump could be purposely keeping inflation high to devalue the national debt, some experts believe.