Inflation in November fell to 2.7%,the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The figures ...
This is a wacky number,” Diane Swonk, chief economist at KPMG, told Fortune. “Shelter costs basically flatlined October by carrying forward September. When housing is that large a component, that ...
Housing and insurance costs remain stubbornly high, keeping monthly bills elevated even as overall inflation cools. Food ...
Annual inflation slowed in April to its lowest level in four years, as falling prices for gasoline and groceries helped offset rising housing costs. Overall prices rose 2.3% last month from a year ...
Inflation cooled even more than expected in August. The personal consumption expenditures index — released Friday — clocked in at 2.2%, which is down from 2.5% in July. Still, one part of inflation ...
And if 2026 forecasts are correct, we may have to keep waiting.
Inflation is down, which means prices on many items at the grocery store and beyond should subside. Annual inflation picked up in May after falling to a four-year low the month before as housing costs ...
The agency argued that it had no better way to handle a challenging patchwork of missing data caused by the recent government ...
The Fed's preferred inflation gauge cooled in April, but prices could heat back up this year. High housing costs will prevent inflation from coming down, says Stifel's chief economist. A rate hike ...
White House analysis finds 2025 inflation lower in conservative states at 2.5% vs 3.0% in liberal states, with energy and ...
"Inflation in housing costs is a major factor in inflation writ large," Atlanta Fed President Raphael Bostic said on Tuesday at a meeting of the National Housing Crisis Task Force. Some calculate that ...