U.S. inflation
The Latest
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U.S. Inflation Eases in April, But Core Prices Remain Stubbornly High
U.S. consumer price increases cooled slightly in April, offering a glimmer of relief amid persistent inflationary pressures. The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% year-over-year, according to the Bureau of Labor Statistics. This marks a deceleration from March's 0.4% monthly increase and 3.5% annual gain. 
U.S. consumer price increases cooled slightly in April, offering a glimmer of relief amid persistent inflationary pressures. The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% year-over-year, according to the Bureau of Labor Statistics. This marks a deceleration from March's 0.4% monthly increase and 3.5% annual gain. -
US Core PCE Inflation Rises 2.8% in February, Aligning with Fed Expectations
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, rose 2.5% for the 12 months ending in February, a slightly faster pace than the 2.4% increase seen in January. 
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, rose 2.5% for the 12 months ending in February, a slightly faster pace than the 2.4% increase seen in January. -
December Inflation Spike Exceeds Forecasts, Raising Concerns Over Economic Stability
Consumer prices in December increased more than expected, indicating persistent inflationary pressures in the U.S. economy. 
Consumer prices in December increased more than expected, indicating persistent inflationary pressures in the U.S. economy. -
U.S. Inflation Eases, Thanks Largely to Slowing Rent Increases
The battle against inflation in the United States is approaching its final phase, with housing costs, which account for 35% of the Consumer Price Index (CPI), posing the biggest challenge. The future trend of rent is crucial in reducing inflation, as housing costs in the CPI are primarily based on rent, according to the U.S. Bureau of Labor Statistics. 
The battle against inflation in the United States is approaching its final phase, with housing costs, which account for 35% of the Consumer Price Index (CPI), posing the biggest challenge. The future trend of rent is crucial in reducing inflation, as housing costs in the CPI are primarily based on rent, according to the U.S. Bureau of Labor Statistics. -
U.S. Inflation Gauge Shows Progress as Core PCE Rises Less Than Expected
In a recent development that may bring relief to the Federal Reserve and market watchers, the personal consumption expenditures (PCE) price index, a favored inflation gauge of the Federal Reserve, showcased a rise that was less than anticipated in August. This suggests that the central bank's ongoing battle against surging prices is bearing fruit. 
In a recent development that may bring relief to the Federal Reserve and market watchers, the personal consumption expenditures (PCE) price index, a favored inflation gauge of the Federal Reserve, showcased a rise that was less than anticipated in August. This suggests that the central bank's ongoing battle against surging prices is bearing fruit. -
Wells Fargo Moves To Significantly Shrink Mortgage Business: Report
The company will now focus on home loans for existing bank and wealth management customers and borrowers in minority communities 
The company will now focus on home loans for existing bank and wealth management customers and borrowers in minority communities -
Labor Secretary Marty Walsh Says Immigration Will Help Offset Recession, Inflation
Marty Walsh, the secretary of labor for the United States, stated that he does not anticipate widespread layoffs and that job growth should continue. 
Marty Walsh, the secretary of labor for the United States, stated that he does not anticipate widespread layoffs and that job growth should continue. -
U.S. CEOs Say Americans Should Brace For Recession Amid Tight Labor Market
Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both predict a U.S. recession and that the Fed would keep raising rates. 
Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both predict a U.S. recession and that the Fed would keep raising rates. -
Biden Signs $750 Billion Inflation Reduction Act Into Law
Biden referred to the IRA as "one of the most important laws in our nation's history." 
Biden referred to the IRA as "one of the most important laws in our nation's history." -
U.S. Inflation Climbs To Its Highest Level Since 1981
A soaring inflation is a big setback for the Biden government. 
A soaring inflation is a big setback for the Biden government.
