Fact-checking Trump on inflation rate at State of Union
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Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
The EUR/USD pair is struggling for direction around the 1.1800 handle, with its next move dependent on the US dollar's strength and central bank commentary. Read more here.
A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year.
Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign that inflation is staying stubbornly above the Fed's target of a 2% annual rate.
The great inflation shock of the 2020s, which helped bring President Donald Trump back to power, is in the rearview mirror now. But the hangover is all around.
December Personal Consumption Expenditure Price Index: +0.4% vs. +0.3% consensus and +0.2% prior, according to data released by the Bureau of Economic Analysis on Friday.
Fed officials will get another month of inflation and employment data before their March meeting but are still expected to hold steady on adjusting the benchmark rate. Policymakers will want to
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
The 1.5% figure ended a run of 45 straight months that the inflation rate has been above the Bank of Japan's 2% target.