Former President Donald Trump regularly criticizes President Biden and Vice President Kamala Harris over what inflation is costing families, citing one figure in particular. Under President Biden ...

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for ...

Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4 ...

Inflation fell in August to the lowest level in over three years, adding to the Federal Reserve's case for an interest rate cut next week even as prices remained uncomfortably high for millions of ...

Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from ...

Housing-related inflation continues to sting Economists were expecting the annual rate would slow significantly last month to 2.6% annually, according to FactSet. That’s in part due to favorable ...

The Labor Department announced that the rate of inflation fell to 2.5 per cent in August, the lowest level since February, 2021. After this positive development, Jerome Powell and his colleagues ...

That CPI inflation reading is the lowest since February 2021. Inflation has gradually declined, but a few categories, such as housing, remain stubbornly high. The Federal Reserve is expected to ...

1:54 Inflation finally hits Bank of Canada’s 2% target Annual inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the Bank of Canada ...

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface. 10 Inflation 8 6 +3.2% excluding Inflation continued to ...