War in Iran sends inflation soaring and the mood of American consumers plunging
Read full article: War in Iran sends inflation soaring and the mood of American consumers plungingThe largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.
US inflation held steady as mild tariff hit offset by cheaper gas, food
Read full article: US inflation held steady as mild tariff hit offset by cheaper gas, foodU.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
Inflation data threatened by government hiring freeze as tariffs loom
Read full article: Inflation data threatened by government hiring freeze as tariffs loomThe Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the quality of the inflation figures just as they are being closely watched for the impact of tariffs.
US inflation reaches lowest point in 3 years, though some price pressures remain
Read full article: US inflation reaches lowest point in 3 years, though some price pressures remainInflation 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.