The Multivariate Core Trend inflation rate for March accelerated to 3.0% year-over-year, the worst reading since February 2024, according to the New York Fed today. The re-acceleration was driven ...
Inflation continues to be one of the top issues in the country. Although some prices have fallen, many are still rising and, what’s more troubling, are rising at a faster rate. Households’ hopes of ...
If inflation trends down, as it was before the April 2 tariffs, and the economy remains at full employment, then interest rates can come down, Chicago Fed President Austan Goolsbee said on Thursday at ...
Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like groceries ...
The annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices at the gasoline pump. And while inflation was relatively tame, economists said they ...