Trump puts inflation on the back burner during first week | AP News
3 days ago · Inflation peaked at a 9.1% annual rate in June 2022 during worldwide supply chain problems after the economic shock of the coronavirus pandemic. Overall consumer prices have fallen since then, but have ticked up in recent months, from 2.4% in September to 2.9% in December, the latest figures available.
US inflation ticked up last month as some price ... - Associated Press News
Dec 11, 2024 · WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October.
CPI report shows inflation rose to 5-month high in December
Jan 15, 2025 · Goldman Sachs expects wage growth and rent hikes to slow, pushing inflation lower in the coming months. By April, Barclays predicts overall price increases will drop to 2.3% while core inflation ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
Jan 15, 2025 · The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
Consumer price growth rose in December, a sign Trump will ... - NBC News
Jan 15, 2025 · The Bureau of Labor Statistics reported Wednesday that the annual inflation rate — which is calculated based on prices compared to a year ago — climbed to 2.9% from 2.7% in November.
CPI Report: US inflation reaches lowest point since February 2021 - AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Stubbornly high US inflation grew stronger than expected in March - CNN
Apr 10, 2024 · Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...
A dual win for consumers: Inflation cooled last month, paving way …
Sep 27, 2024 · Economists forecast a 0.2% rise in core inflation last month. President Joe Biden touted the report as a victory for the economy, with inflation coming back down to levels seen before the...
Inflation hit a bump in October after slowing for six straight …
Nov 13, 2024 · Consumer prices rose 0.2% last month and were up 2.6% from the year before, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. Housing-related...
Here’s What To Expect From January’s CPI Inflation Figures - Forbes
2 days ago · January’s inflation report may offer a little good news, or at least end a string of more concerning inflation reports. Follow me on Twitter or LinkedIn . Check out my website or some of my ...