USInflation

U.S. Inflation Gauge Shows Signs of Easing: Slowest Growth Since May

3 days ago

The latest data from the U.S. Commerce Department has revealed a significant cooling in inflation rates, marking the slowest increase since May. This news comes as a relief to both consumers and policymakers, raising optimism about the potential stabilization of the economy as we head into 2024.

Economists Revise 2025 U.S. Inflation Forecast Amid Rising Tariff Concerns

6 days ago

In a notable shift in economic predictions, economists have adjusted their inflation forecasts for the United States for the year 2025, citing increasing worries over tariffs and their potential impact on the national economy. This decision reflects a growing apprehension about how ongoing international trade tensions could contribute to a sustained rise in consumer prices.

US Consumer Prices Surge: A Setback in the Fight Against Inflation

2 months ago

In a surprising turn of events, the latest data from the U.S. Bureau of Labor Statistics reveals that consumer prices increased more than expected in September, posing a significant challenge to the ongoing efforts to curb inflation. The Consumer Price Index (CPI) rose by 0.4% on a seasonally adjusted basis for the month, exceeding the projections by economists who anticipated a more modest increase of 0.3%.