Progress in the fight to tame pandemic-era inflation appears to have stalled out in October, despite lower prices at the gasoline pump and a moderation in other consumer staples such as groceries.
View post: Macy's is selling a fleece quarter-zip for only $27 right now Inflation that moves above a steady rate for a short period and then reverts toward that steady rate is considered transitory.
A breakdown of PCE into supply-driven and demand-driven inflation shows that inflation may linger higher for longer. Supply-driven inflation had been a core driver of PCE inflation reaching its peak ...
The most recent U.S. Consumer Price Index (CPI) data for October came in lower than economists’ expectations and showed declines across most categories. With inflation still above the Fed’s 2% target, ...
Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor ...
Inflation fell slightly in April as easing price pressures for groceries and other areas of consumer balance sheets were partially offset by higher gasoline prices and stubbornly high housing costs.