The consumer price index was unchanged in December, and the inflation rate for some consumer staples like food and ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index increased from about 1.5% to over 9%. The CPI has cooled off since, but prices today are 21% higher ...
Tuesday's release of the December M2 money supply figures showed a continuation of the sub-6% growth trend that has been in place since inflation peaked in mid-2022.
The Fed is prioritizing low unemployment over controlling inflation, despite inflation being persistently above target for over four years. Powell admits rate cuts would have already occurred if not ...
This year’s elections confirmed the hollowness of arguing that low inflation means that Americans are doing fine. Consumers don’t care about inflation — they care about high prices, and they see high ...