And if 2026 forecasts are correct, we may have to keep waiting.
While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed ...
Economists forecast the CPI to rise 0.2% in May after rising by the same amount in April. The goods data will be closely watched for early signs of tariff-driven inflation, with larger impacts ...
The Federal Reserve‘s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in ...
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CPI report: Core inflation rises by most in six months, stoking tariff-driven price concerns
Inflation remained sticky in July, according to new government data released Tuesday, as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs. The latest ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
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Inflation and Deflation: Key Differences Explained
Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall Street watches inflation data with bated breath amid the standoff between the ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...
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