inflation

Presidents have tried to make their mark on the economy through the selection of Federal Reserve chairs before, but this time is different.

It all has to do with your perspective: how much you remember what things used to cost and how far in the future you're planning.

Wholesale inflation rose from 2.8% in October to 3.0% in November, according to the latest Bureau of Labor Statistics report. But where inflation is headed is as much about how consumers feel as it is about what wholesalers are paying.

The president provided false or misleading claims on inflation, tax cuts, prescription drug prices, and more.

Overall inflation was up 0.3% from November to December.

Here’s what to expect in 2026, after a year of “uncertainty.”

Consumers started 2025 feeling optimistic, but have ended on a low note.

The data were collected in late November, during peak Black Friday discount season.

Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up.

The Employment Cost Index shows wages and benefits grew 3.5% in September year-to-year. That’s the lowest increase since 2021.