Inflation, Fed and December
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Price hikes picked up speed for US-based businesses toward the end of last year, a potential signal that inflation has yet to peak and prices could soon rise faster for consumers.
Inflation didn't get worse in December. But it didn't get better. Prices were up 2.7% a year ago. A drop in gasoline prices was more than offset by rising grocery and electricity bills.
Federal Reserve Bank of Atlanta President Raphael Bostic said on Friday in a radio interview inflation issues are still at the forefront of his economic concerns, in comments that added the job market continues to be in a low-hire,
Inflation has increased in three of the past four months. Economists warn Trump’s tariff policies could worsen price pressures. The Fed’s interest rate cuts may risk its inflation-fighting credibility. Rising import costs and supply limits are pushing ...
WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President ...
Americans weary of high – and rising – prices may get some relief in 2026. Or not. Many analysts believe the economy is finding its footing after several jolts from tariffs, the long tail of the pandemic supply snarls, and more. But some think we’re ...