Miran, in a speech and a subsequent television interview, said government statistics are misleading and “underlying” inflation is running below 2.3%, not far from the Fed’s 2% target.
Calculating housing costs presented one of the thorniest challenges—and they make up a huge portion of the price index.
Housing and insurance costs remain stubbornly high, keeping monthly bills elevated even as overall inflation cools. Food ...
Inflation is the primary concern that could disrupt the positive economic trends seen under the Trump administration, including faster growth and higher stock prices. The recent inflation rate of 3.0% ...
Home buyers are struggling with high home prices and 7% mortgage rates, and the October CPI data does little to help. Shelter inflation was responsible for the increase in inflation in October, as ...
MINNEAPOLIS — Around 3 p.m. Tuesday on Christmas Eve, there was a familiar feeling of adrenaline running through the parking lot of the Ridgedale Target in Minnetonka. With bags in hand, shoppers ...
Inflation is expected to be 7% in the coming year, including the impact of tariffs, according to the parent of Duncan Hines, Boom Chika Pop and Reddi Wip food brands Inflation has become a problem ...
Just because the Federal Reserve is nearing its inflation goal doesn't mean the problem is solved, as the high price of goods and services across the U.S. economy continues to pose a burden for ...
"We still have an inflation problem," and this has not been fully recognized within the current discussions of new government policy proposals. Previous actions on the part of the Federal Reserve have ...
Two weeks ago, I opened this letter by noting the election uncertainty, once over, would give way to a different uncertainty about what comes next. That’s where we are now. I fully expected a closer ...