The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The consumer price index rose 2.7% in December 2025 from 12 months earlier, unchanged from November, according to the Bureau of Labor Statistics. Tariffs put some upward pressure on prices for ...
Kevin Warsh might try to cut interest rates despite inflation concerns given AI-driven productivity gains. Three economic ...
US inflation held steady in December at a slightly cooler pace than the start of 2025 – as President Trump ramps up pressure on the Federal Reserve to keep slashing interest rates. Prices for everyday ...
Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.” ...