President Trump’s trade policy, inflation and climbing stock prices shaped business and the economy this year.
They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
The cost of living in November was up 2.7% from a year ago, according to a report Thursday from the Labor Department. That's a smaller annual increase than for the 12 months ending in September.
Discover how the sacrifice ratio measures the cost of changing inflation on economic production and output, including its role in fiscal policy decisions.
Despite headline inflation numbers cooling to near-target levels, Treasury Secretary Scott Bessent argues that most Americans ...
The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous.
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to ...
Fed governor Christopher Waller was one of four central bank officials to highlight slow growth this week. For months, Federal Reserve officials have concentrated most of their commentary on the ...
Trump’s blockade of sanctioned Venezuelan oil raises new questions about legality Head of workplace rights agency urges white men to report discrimination Kansas tribe ends nearly $30 million deal ...
CNN data analyst Harry Enten pointed to some new polling to explain that Americans aren't buying President Donald Trump's "spin" when it comes to the economy.