Economist say the new consumer price data is based on incomplete information because of the government shutdown.
They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...
US CPI was surprisingly soft in November with an annual headline rate of just 2.7%. There is some scepticism due to the scale of the downside 'miss' relative to analyst expectations and the impact of ...
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
Global stock markets, riding high on AI euphoria at the start of 2026 may be disregarding one of the biggest threats that ...
Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff ...
After cutting interest rates in December, the Fed struck a relatively hawkish tone. It kept the door open to cutting rates in ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
WASHINGTON, Dec 12 (Reuters) - Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living ...
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The US economy expanded at the fastest pace in two years as wealthier Americans kept spending
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...
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