The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%.
WASHINGTON, DC - JULY 26: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in ...
A new analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy based on historical examples, finding that the effect of import taxes on inflation and ...
(NEXSTAR) — Though inflation growth slowed (minimally) over the past month, consumer prices rose 2.4% in May vs. this time last year. But not everywhere in the U.S. is feeling the burn quite as much ...
Canada's annual inflation rate remained constant at 2.2% in November, owing primarily to increased food prices, Statistics ...
OTTAWA, Oct 2 (Reuters) - The Bank of Canada is considering changes to how it measures preferred inflation metrics to give it a better idea of how external shocks are affecting the economy, a senior ...
Tariffs are set to increase on August 1st, but their immediate impact on inflation remains limited due to the size of overall consumption. Despite a $100 billion monthly trade deficit, goods-based ...
Key findings from the analysis include: “A 10% acceleration in trucking cost growth correlates with a 2.3% rise in goods inflation, while a similar rise in rail cost growth results in just 0.7%.
Treasury Secretary Scott Bessent sharply criticized NBC anchor Kristen Welker for selectively citing inflation metrics during a contentious interview, as she challenged the persistence of elevated ...
LONDON, Sept 11 (Reuters) - The U.S. Federal Reserve is an outlier among central banks in developed markets, as it looks set to resume rate cuts just as many of its peers are reaching the end of their ...