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The U.S. economy has been growing at a steady clip while many others are faltering.
If people don’t feel the strength of the economy, Democrats may have a problem this election season, says Victoria Guida at Politico.
Neel Kashkari weighs in on the state of the economy and what’s left to bring inflation down to the Fed’s 2% target.
It’s usually called a measure of wholesale prices, but it can also be a leading indicator that shows where consumer prices are headed.
Consumers’ inflation expectations are falling. But they say the high prices imposed by inflation are still eroding living standards.
The CPI rose 3.1% in January compared to a year ago.
Bureau of Labor Statistics data shows that 2023 saw a pullback in labor cost growth. That may keep the downtrend in inflation going.
A strong job market alongside cooling price gains has economists debating a key model, Bloomberg’s Enda Curran reports.
These measures of inflation track the prices consumers pay and the prices producers receive for their wares. But they don’t always line up.
Here’s how some families are trying to economize when it comes to the food they buy to make at home.