After several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, which was slightly above ...
Inflation fell to 2.4% in March, down 0.4 percentage points from February, according to Thursday's Bureau of Labor Statistics (BLS) Consumer Price Index report. It marks the first time since September ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025, we’re ...
The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...