Inflation eased in Nov., delayed report shows
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Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The released figures may include significant holiday discounting,
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Why the White House says inflation is 2.5% and why it feels higher
Inflation in the United States is now at the center of a political and pocketbook tug-of-war. The White House says prices are rising at roughly 2.5%, a figure officials present as proof that the worst of the surge is over,
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Analysis: How the White House is using misleading comparisons to make inflation sound better
The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%.
The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor Statistics said on Nov. 21 it’s canceling the October ...
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 prices returning to pre-pandemic levels have so far ...
In a prime-time White House address, President Donald Trump told the nation that his 11 months in office have brought historic improvements to American lives after years of what he described as immigration and economic chaos.