#inflation
Producer prices see largest rise in four years: BLS
Producer prices rose by 1.3 percent from August to September, the largest jump in more than four years, according to data from the Bureau of Labor Statistics (BLS). September’s increase, as measure…...
Trump adviser sees ‘a whole bunch of good news’ in inflation report
Kevin Hassett, the director of the National Economic Council (NEC), said Wednesday he sees a “bunch of good news” in the latest inflation report, which measured prices as up 3.7 percent year over y…...
Mortgage rates hit 7.4 percent for first time since November 2023
Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate …...
CPI report shows inflation eased in July to a 3.4% annual pace
The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.
Inflation hits 4.1 percent in May: 5 takeaways
Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious challenges for President Trump and policymakers. The Federal Reserve’s prefer…...
Who Is the Real Kevin Warsh?
Before Kevin Warsh, the new Fed chairman, got the job, he intimated that the central bank could cut interest rates, but last week he assumed the role of an inflation hawk.
Top GOP group pumps $37M into fight on key issue dominating midterm races: 'Much more to come'
The American Action Network surpassed $37 million in messaging on cost-of-living issues, highlighting conservative policies ahead of the 2026 midterms.
Kevin Warsh set to lead his first Federal Reserve interest rate meeting. Here's what to expect.
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Trump says 'I love the inflation' after consumer price index hits 3-year high
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."...
Credit cards: Share of balances 90-plus days late hits highest mark since 2011
More than 13% of credit card balances were at least 90 days past due in the first quarter — the highest rate since 2011.
US grocery prices rose in April, but gas spikes weren't the only reason
Americans paid more for their groceries in April, but high gas prices were only one of the reasons why.
America In Focus: Inflation jumps and gas soars but American consumers seemed to take it in stride
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.
In 8 weeks, the Iran war has dented the U.S. economy. The damage could linger, economists say.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump Is Swimming Well 'Underwater' On Americans' No. 1 Issue, CNN's Harry Enten Says
The data guru offered a "really stunning" analysis on how the president compares his predecessor on the key issue.
Poll: Trump's approval rating hits second-term low as Americans sour on the economy and Iran war
Two-thirds of Americans disapprove of Trump’s handling of inflation, according to an NBC News Decision Desk Poll, with some cracks emerging in his GOP support.
CPI report: US inflation tripled last month on record spike in gas prices | CNN Business
Consumer prices increased by 0.9% last month due to spiraling energy costs from the US-Israeli attack on Iran.