The personal consumption expenditures price index excluding food and energy costs increased 0.4% for the month and 2.8% from a year ago, as expected. Headline PCE, including the volatile food and ...
The average American household finally got ahead of inflation between 2022 and 2023. New data from the U.S. Census Bureau shows real median household income increased by 4.0%. That’s the first ...
Inflation climbed from 3.1% to 3.4% in December, a sign the Federal Reserve will continue to have to wrestle consumer price growth down to its desired 2% level. Forecasts had been for a reading of 3.2 ...
Inflation is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American ...
PCE Inflation Contributions from Goods and Services provides monthly updates on price changes for the broad categories of goods and services that U.S. households consume, as measured by personal ...
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
An overwhelming majority of Americans are worried about inflation as concerns about tariffs stalled progress in bringing price increases down to a more palatable level – and the starkest impact of ...
This month, higher prices helped deliver the presidency from the Democrats to Donald Trump. A CBS News Election Day poll showed three-quarters of voters considered inflation a hardship. “I think that ...
This comes as the country sees its highest level of inflation in six quarters.