Major price hikes in a few food categories were offset by drops in several others.
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%. The Fed has been ...
The Producer Price Index (PPI) for final demand was flat in June, following a 0.3% rise in May and a 0.3% drop in April. A 0.3% increase in goods prices offset a 0.1% decrease in services prices for ...
WASHINGTON -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday showed.
The Personal Consumption Expenditures index, a key inflation gauge used by the Federal Reserve to make interest-rate decisions, held steady in July according to new data from the Department of ...
Although inflation has cooled since peaking in 2022, it’s still high. There are steps you can take to stretch your paycheck while inflation is rampant. You may have heard that today’s inflation levels ...
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