Fact-checking Trump on inflation rate at State of Union
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Range reports inflation has decreased to 2.4%, yet consumers face financial strain, with many citing high prices as their main concern.
During his State of the Union address on Tuesday, President Donald Trump boasted about the progress his administration has made on inflation. Here are the price declines and the key context. “The Biden administration and its allies in Congress gave us the worst inflation in the history of our country,
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
New data on producer price inflation, or PPI, will be released on Friday. And while it’s not the inflation that faces consumers, it impacts decisions companies make about raising prices.
A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year. World shares,
Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign that inflation is staying stubbornly above the Fed's target of a 2% annual rate.
1don MSN
‘Stuff just costs too much': Cooper, Whatley and other US Senate candidates on economy, inflation
See where North Carolina's US Senate candidates stand on inflation and affordability, after President Donald Trump's State of the Union speech focused on the economy.
A solid consumer economy and steady labor market mean that the Fed should be primarily focused on addressing elevated inflation, Chicago Fed President Austan Goolsbee said.
Fed officials will get another month of inflation and employment data before their March meeting but are still expected to hold steady on adjusting the benchmark rate. Policymakers will want to
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way down.