Donald Trump has vowed that if voters return him to the White House, ‘inflation will vanish completely.’
inflation
Posted inBusiness, News
Wholesale inflation remained cool last month in latest sign that price pressures are slowing
It’s another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19.
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Posted inBusiness, Nation & World, News
US inflation reaches lowest point in 3 years, though some price pressures remain
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Posted inBusiness, Nation & World
U.S. inflation reaches lowest point in 3 years, though some price pressures remain
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021.
Posted inBusiness, Food & Dining, Nation & World
Diners skipping restaurants, making more meals at home as inflation trend inverts
Inflation has been easing broadly for more than a year now, and it’s been cooling faster for grocery items since the middle of the year.
Posted inBusiness, Nation & World
U.S. inflation reaches 3-year low as Federal Reserve prepares to cut interest rates
A key reason for last month’s drop in overall inflation was the third drop in gas prices in the past four months.
Posted inBusiness, Election 2024, Nation & World
Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation
Her proposal includes the government providing assistance to first-time buyers, tax breaks for homebuilders, and expanding existing incentives for companies that construct rental homes.
Posted inBusiness
‘Time has come’ for Fed to soon begin reducing interest rates, Powell says
The Fed is widely expected to announce a modest quarter-point cut in its benchmark rate when it meets in mid-September.
Posted inBusiness, Nation & World
Annual U.S. inflation falls to 3-year low, clearing way for Fed to cut rates
The government said nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing.
Posted inBusiness
Americans’ refusal to keep paying higher prices may deal final blow to inflation
The reluctance of consumers to keep paying more has forced companies to slow their price increases – or even to cut them. The result is a cooling of inflation pressures.