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CNN dismissed President Donald Trump’s claims about falling grocery prices just weeks before government data confirmed the ...
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...
Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce ...
The Fed is aiming to reduce the annual rate of inflation to 2% a year, but it uses a different price gauge known as the PCE to determine whether to raise or lower interest rates. The PCE report is ...
With a 1.9% inflation rate, metro Atlanta is seeing prices stabilize more quickly than many large U.S. cities. The cooling trend may provide breathing room for families trying to keep up with rent, ...
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but ...
Prices paid by consumers for goods and services increased .2% in April, the U.S. Bureau of Labor Statistics has announced.
Fox Business host Charles Payne said Wednesday that the current high prices of some goods have nothing to do with President Donald Trump’s tariffs. Inflation slowed to […] ...
WASHINGTON, DC, US — The Consumer Price Index for baked foods and cereal products decreased 0.7% in April, according to the ...
If you haven't seen the latest inflation data, the general idea is that prices are rising more slowly than expected. Not only ...
Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...
U.S. consumer prices rose 2.3% year-on-year in April, the slowest pace since February 2021 but still above the Federal ...