Inflation expected to recede further in January's PCE, yet tariff threats ratchet up uncertainty
The Federal Reserve's preferred inflation gauge, core PCE, is expected to show further progress in heading toward the central ...
US inflation cools in January, fueling hopes for a June rate cut
Inflation showed a modest decline in January, even as concerns grew over President Donald Trump’s proposed tariffs. The ...
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US inflation rises to 3% in January
US inflation increased by more than expected last month. Higher egg and energy prices helped to push up the cost of living for Americans. Inflation rose to 3% in January, its highest rate in six ...
Inflation stays high around the US. Here's how it's impacting prices in the Mid-South
A new report shows personal consumption costs increased 0.3% nationally in January. Here's what it did in the Mid-South.
US weekly jobless claims rise more than expected
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that ...
US labor market stable, disruptions feared from federal government layoffs
The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the ...
US consumer sentiment plunges over tariff and inflation fears
Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who ...
Second estimate of US growth confirms a 2.3% annual pace expansion in fourth quarter
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
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Trump says DOGE could return 20% of its savings directly to taxpayers. That could reignite inflation
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of ...
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Fed worried about inflation worsening in pausing rate cuts: ‘High degree of uncertainty’
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the ...