U.S. inflation

Federal Reserve Chair Kevin Warsh‘s first policy meeting drew mixed reactions from economists, with attention centered on his decision not to submit a dot plot projection, his inflation messaging and his plans to reform the institution The Fed held rates steady at 3.50%-3.75% on Wednesday and...

Newly appointed Federal Reserve Chairman Kevin Warsh is set to make his first significant remarks on inflation, unemployment, and the economic outlook at a press conference on Wednesday. Warsh, who succeeded Jerome Powell a month ago, has been outspoken about the U.S. central bank’s...

President Donald Trump‘s “I love the inflation” remark continued to draw backlash across political circles Thursday, as former Secretary of State Hillary Clinton joined critics who have accused the president of being out of touch with the financial pressures facing American...

Editor’s note: This article was updated to add more details and context. Producer prices accelerated further in May as the Strait of Hormuz energy shock continued to feed through the pricing pipeline, raising fresh concerns over the Federal Reserve’s inflation outlook under new Chair...

As Americans grapple with the rising cost of living and concerns about economic mobility, former White House communications director Anthony Scaramucci argued that economic insecurity is increasingly shaping attitudes toward immigration. Immigration Or Economics? The comments come at a time when...

President Donald Trump‘s remark on Wednesday that “I love the inflation” after the U.S. consumer prices rose to their highest level since April 2023 sparked a wave of criticism, with Sen. Bernie Sanders (I-Vt.) arguing that many Americans are still struggling to afford everyday...

The latest inflation data didn’t quite shock markets, but it reinforced concerns that price pressures remain sticky rather than easing. Headline CPI rose 4.2% year over year in May, matching expectations but marking the first reading above 4% since May 2023. Core CPI came in at 2.9%, also in...

Editor’s note: This article was updated to add more details and context. Price pressures intensified further in May as the Strait of Hormuz energy shock continued to feed through the Consumer Price Index basket, reinforcing the case for Federal Reserve’s interest rate hike in 2026. The...

Economist and co-founder of Echelon Wealth Partners, Peter Schiff said that President Donald Trump cannot afford for the Iran war to end if inflation remains elevated, claiming the conflict provides a convenient explanation for rising prices ahead of the midterm elections. Calling the conflict...

Moody’s Analytics Chief Economist Mark Zandi warned that the U.S. economy is growing below its potential, leaving it increasingly vulnerable to rising unemployment, persistent inflation and a broader slowdown. “The economy is growing, but at a rate below its potential, so the situation...

For much of the past year, investors have operated under a simple assumption. Inflation is gradually cooling, the Federal Reserve will eventually pivot to rate cuts, and the economy will settle back into a familiar low-interest-rate environment. Increasingly, the data is pointing in the opposite...

Economist Peter Schiff explains that the inflation threat under President Donald Trump is not just due to his tariff policies and the Iran War, but larger macro issues. On Sunday, Schiff argued on X that tariffs and war are not the main reasons driving inflation more under Trump than under former...

Editor’s note: This article was updated to add more detail and context. The Federal Reserve’s preferred inflation gauge rose further in April as the Strait of Hormuz energy shock continued to reverberate through the broader consumer basket, the Bureau of Economic Analysis reported...

Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlook. The rate...

Editor’s note: This article was updated to add more detail and context. Price pressures intensified further in April as the energy shock from the Strait of Hormuz blockade reverberated across the Consumer Price Index basket. The headline inflation rate climbed from 3.3% year-over-year in...