CPI

The nationwide rent average has shot up by 23 percent under the Biden-Harris administration, new Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics shows.

Inflation picked up in July, reversing the decline in prices seen in the prior month, but remained cool enough to lock in a rate cut from the Federal Reserve next month. The consumer price index climbed 2.9 in July from

Jason Trennert, the CEO of Strategas Research Partners, warned of a “second wave of inflation” in 2025 unless Donald Trump is reelected.

After the June decline, prices are up 18.8 percent since Biden took office. During the same three-and-a-half-year period of Donald Trump’s presidency, prices rose just 5.3 percent. Prior to the pandemic period, prices rose 6.2 percent under Donald Trump.

In a major setback for the Biden administration and the Federal Reserve, inflation is proving stubborn and is rising again.

The consumer price index unexpectedly jumped higher on a month-to-month basis in January.

Monetary policy may be a dead end. Perhaps it’s time to start looking elsewhere for what is really driving inflation and growth.

Inflation picked up by more than expected in December as prices of energy, food, shelter, and services surged higher.

The inflation report released Tuesday is unlikely to do much to support the idea that Bidenomics has been a boon for the American economy.

Inflation accelerated slightly in November, marking the thirty-second consecutive month with annual prices rising significantly faster than the two percent target seen as healthy by the Federal Reserve. The consumer-price index, the Labor Department’s broad measurement of what consumers pay

Economists had forecast a rise of 3.6 percent, down from 3.7 percent in August. 

Inflation is proving sticky despite record Fed hikes.

On Wednesday’s broadcast of NBC’s “MTP Now,” host Chuck Todd and NBC News Business and Data Reporter Brian Cheung discussed the latest inflation report and noted that prices aren’t falling, they’re just “going up by a slower rate,” and are

Inflation fell by more than expected in June.

On Wednesday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein stated that we have seen a trend of “CPI growing more slowly” and the growth in the Consumer Price Index (CPI) is less

During an interview on Bloomberg on Tuesday, White House National Economic Council Deputy Director Bharat Ramamurti reacted to the May CPI showing prices increasing 0.1% in the month of May with core inflation rising by 0.4% in the month —

On Tuesday, ABC News Business Reporter Alexis Christoforous said that the May CPI report shows that prices are “still on the rise,” and that the “uncomfortably high” core inflation measure shows “that inflation is becoming sticky in certain areas of

Federal Reserve Chairman Jerome Powell will get his pause.

The consumer price index, a key barometer of what consumers pay for goods and services, rose four percent last month from a year earlier, the Labor Department said Tuesday. Compared with March, the consumer price index (CPI) rose 0.1 percent. Core

On Wednesday’s broadcast of CNBC’s “Squawk on the Street,” White House National Economic Council Deputy Director Bharat Ramamurti stated that the April CPI report that showed core and overall inflation increasing and the monthly rate of overall inflation increasing from

Nearly six in ten Americans say that high inflation has had a substantial impact on their lives, while a plurality believes it will become worse six months from now, according to a poll. 

The April inflation report will keep the Federal Reserve on track to pause rate hikes at its meeting next month.

Inflation has eased from its worst levels last summer but progress has been slower than expected and prices are still rising too fast.

On Wednesday’s broadcast of CNBC’s “Squawk on the Street,” White House National Economic Council Deputy Director Bharat Ramamurti stated that the March CPI report is “very, very positive” and that we’re moving in the right direction on inflation. Ramamurti said, “I

On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that the core services inflation metric that the Federal Reserve “really looks at” is “rising and that is not

Headline inflation slowed on a month to month basis but core price increases picked up the pace.

Following a week of data showing unexpectedly resurgent inflation, fed funds futures contracts now indicate the Federal Reserve will hike its target rate up by half a percentage point in the coming months.

As the U.S. inflation accelerates in January, despite the efforts to bring down the prices hikes with higher interest rates from the Federal Reserve, new data shows egg prices have increased 70 percent.

With the U.S. inflation accelerating in January, despite the efforts to bring down the prices hikes with higher interest rates from the Federal Reserve, many consumer categories are still being hit hard.

The consumer price index rose by half a percentage point in January.

Weaker-than-expected holiday sales led to deeper discounts from retailers, wholesalers, services businesses, and producers.

Congress must get the country’s “fiscal House in order” as price increases on food continue to rock U.S. consumers, Sen. Rick Scott (R-FL) said on Thursday.

While overall inflation is cooling, prices in the services sector are up the most since 1982.

Food prices, however, are still rising at a rapid rate.

On Friday’s broadcast of the Fox Business Network’s “Kudlow,” Breitbart Economics Editor John Carney called for investigations by Congress and the SEC into suspicious trading around the release of Consumer Price Index (CPI) numbers and how people could have possibly gotten

Economists had expected prices to be up 7.9% compared with a year ago.