USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index (CPI). The prior outlook for food prices pegged the increase at ...
Inflation ticked up to 2.9% in August, the highest rate since January.
CPI inflation is expected to remain slightly elevated in January, partly thanks to rising prices in the core goods and food categories. Several months of strong labor market data mean the Federal ...
Inflation has fallen from its 2022 peak but has yet to reach the Fed’s 2% target. The February PCE report is expected to show inflation remaining steady at 2.5% year over year. Economists expect core ...
Editor’s Note: This article has been updated with additional content. Producer prices snapped back in May after an April decline, but the rebound fell short of sparking inflation concerns, suggesting ...
BENGALURU, Feb 11 (Reuters) - Bond strategists are rethinking long-held forecasts for declining U.S. Treasury yields on the basis that tariff-linked inflation threats could further delay Federal ...
High inflation was supposed to slow the economy down. It didn't. High interest rates put in place to tame inflation were also supposed to depress the economy. They didn't. The U.S. economy grew at a 2 ...