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The inflation rate has declined significantly from a 9.1% pandemic-era peak in 2022. Households have seen relief for staples such as groceries and gasoline. Inflation fell further in June as lower ...
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for an annual rate around 2% ...
These nine charts showcase major trends shaping ... as central bankers raised policy rates to tame surging inflation. This summer and fall, many advanced economies began to cut rates for the ...
Inflation is easing across much of the economy. For healthcare? Not yet. The cost of employer health insurance rose 7% for a second straight year, maintaining a growth rate not seen in more than ...
US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause ...
Meanwhile, economists think policies such as import tariffs floated by President-elect Donald Trump would likely — if enacted — exacerbate the inflation rate, which hasn't yet declined to ...
Inflation pulled back in May 2024. The consumer price index declined to a 3.3% annual rate, down from 3.4% in April. Prices have eased for consumer staples such as gasoline and groceries.