The Consumer Price Index is the official measure of inflation - here's what the CPI does and doesn't measure, how it's ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025, we’re ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But what about mortgage rates, specifically? Rates here increased ...
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The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...
The annual rate of inflation inched up to 3% in September, the Labor Department reported on Friday, but the tenth-of-a-percentage-point increase over last month’s reading was less than expected, ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and ...