Biden defends inflation policies, says 'red states really screwed up' their economies in final interview
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence O’Donnell" Thursday night.
Inflation Sped Up in December, a Fresh Challenge for the Fed
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
US inflation picks up pace for 3rd month in December
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street strategists say.
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest regional inflation, with an increase rate of 1.7% year-over-year.
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US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
Signs of relief? Inflation is lower in Phoenix compared to national average
The cost of living in the Valley has soared sharply over the last five years, but according to the latest data from the U.S. Bureau of Labor Statistics, there could be signs of relief. Prices in metro Phoenix are up 1.
Analyst reboots Fed interest rates forecast after surprising inflation data
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating this pesky problem, the Federal Reserve uses interest rates as a primary tool to control inflation.
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US producer prices up marginally as services partly offset higher goods costs
US producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend. The moderation in producer inflation reported by the Labor Department this week did not change the view that the Federal Reserve
Democrats Search for Policy Lessons as Trump Takes Office
A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next economic downturn.
This week in Bidenomics: 4 problems for Trump
Trump will face at least three economic challenges during 2025: a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt that’s finally starting to vex markets.