Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
In August 2024, the White House put out a fact sheet touting its accomplishments ... median household incomes…" IT'S BEEN ...
Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Business are already feeling the brunt of Trump's tariff plans - they're costs are going up and new orders are suffering. Timothy Fiore, chairman of an ISM survey that tracks U.S. manufacturers, said ...
National Economic Council Director Kevin Hassett addressed the impact of DOGE dividend checks through cost cuts.
Meanwhile, the administration will proceed with tariffs on Mexico and Canada, which economists say will drive up prices for ...
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January ...
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress WASHINGTON -- U.S. consumers cut back ...
On the campaign trail, President Donald Trump vowed repeatedly that he’d bring prices down “starting on Day One” if elected.
Since President Donald Trump has been back in the White House for over a month, naturally much of the economic focus is on ...
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