Food prices are rising at their fastest monthly pace since 2022, data showed.
As Trump finishes the first year of his second term — having won the presidency on a pledge to " get the prices down " — the picture on inflation is more nuanced than he or his critics acknowledge.
Data: Bureau of Labor Statistics; Note: October and November data unavailable as a result of the government shutdown; Chart: Axios Visuals Grocery prices rose at the fastest pace in three years, ...
Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, policymakers, and the public care about inflation because it leads to the ...
Grocery prices saw their biggest monthly jump in more than three years in December, new federal data show. Most supermarket ...
Groceries and restaurant meals had large price increases over the month, while gasoline costs and used-car prices declined.
The low variation of the growth of the PCE and CPI indexes during the periods when the Fed has actively managed inflation is ...
Tuesday's release of the December M2 money supply figures showed a continuation of the sub-6% growth trend that has been in ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...