‘Stop the price gouging’: Biden hits corporations over high consumer costs
President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate…
Biden wants credit for lower Thanksgiving food and travel prices, as inflation drags on his reelection campaign
Gathering around the Thanksgiving table will cost Americans less this Thursday than it did last year, and Democrats hope they’ll…
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…
Here’s the inflation breakdown for October 2023 — in one chart
Inflation declined in October, continuing a broad slowdown as gasoline prices retreated during the month. However, price pressures remain under…
Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel…
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…
