State and local economic conditions and policies lead to deviations in inflation from the national average. For example, if local housing supply is relatively inelastic, then monetary or fiscal ...
The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose ...
FIRST ON FOX: An analysis from the White House Council of Economic Advisers finds inflation has been lower in conservative-led states than in liberal-led states over the past year, with the largest ...
The highly anticipated November inflation report showed prices appearing to grow at a far slower rate, surprising analysts and markets after a year of stubbornly rising costs. The consumer price index ...
Stocks jumped Thursday, snapping a recent losing streak after an encouraging readout on inflation. The Nasdaq composite led gains, rising 1.4%. The Dow edged up 0.1%, while the S&P 500 advanced 0.8%, ...
White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected. "It was just an absolute blockbuster ...
The apparently imminent end of the federal government shutdown means Wall Street could soon be flooded by crucial reports on the U.S. economy that have been delayed for more than a month. First up: ...
Treasury Secretary Scott Bessent backed the idea of reconsidering the Federal Reserve’s 2% inflation target once the US has sustainably brought price increases back down to that pace. “Once we are ...
The writer of a letter published in the Dec. 7 Sunday LNP | LancasterOnline provided an opinion headlined “Trump is doing what he promised to make the United States safer and stronger.” The writer ...
High prices undermine Trump's cost-of-living pledge Trump voters say they want progress on prices soon Inflation seen as big factor in US Senate race in Michigan CAPAC, Michigan, Dec 21 (Reuters) - On ...
President Trump’s trade policy, inflation and climbing stock prices shaped business and the economy this year. By Christine Zhang In recent years, macroeconomic tides have ebbed and flowed, but one ...