President Biden defended his administration by insisting inflation was down and that "red ... than blue states after the pandemic. A new Fox News survey on Thursday showed almost twice as many ...
Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...
Inflation rose in December to its highest level since July with much of the increase driven by increasing energy and food prices. The Labor Department released the consumer price index (CPI ...
"Here's a priority of mine in the Senate: our inflation has been fueled by the Federal Reserve. We must audit the Fed!" Moody declared in a post on X. "As Florida’s next U.S. Senator, I will ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a ...
US stocks rallied sharply on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street banks. The sell-off in bonds also got some relief as the 10-year Treasury ...
LONDON (AP) — Inflation in the U.K. unexpectedly fell in December, a move that has bolstered expectations that the Bank of England will cut interest rates again next month and relieved some ...
LONDON (AP) — Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month. The Office for National ...
WASHINGTON — U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday's report from the Labor ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before.