David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. The money supply of a country is a major ...

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...

Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, showed that Americans’ inflation expectations for the year ahead surged ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...

A rising number of Americans are anxious about the state of the US economy — and it's all about inflation. The latest University of Michigan consumer sentiment survey released Friday showed ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices, consumer psychology, and potential tariffs as ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...