Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of ...

After being a significant problem in 2022 and then coming into considerable control in 2023, inflation this year settled into ...

The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...

Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...

U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...

Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.

Harris and her boss, President Joe Biden, have repeatedly pointed to steady progress in bringing inflation down since it peaked at 9% in 2022. But inflation has morphed into a different creature ...

She was particularly struck by a Washington Post article in 2022 that asked experts ... The current election proved that inflation still matters. The graph below is taken from one of Binder ...

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more ...

Inflation has pulled back significantly from its pandemic-era peak of 9.1% in June 2022. The U.S. Federal Reserve aims for a long-term inflation target around 2%. The central bank uses a similar ...