Economist Nouriel Roubini told CNBC that he expects core inflation in the United States to climb to 3.5% by the end of 2025. He said the second half of the year will bring weaker growth and possibly ...

Discover why high inflation has been defeated and what it means for significant interest rate cuts ahead. Stay informed on ...

The fight against inflation isn't over, as new data reveals a troubling trend of price hikes affecting everyday expenses.

Inflation heated up slightly in May. AP Core inflation, which excludes volatile food and energy prices, came in at 2.8%, in line with the previous month and below expectations for a 2.9% rise.

Although core CPI inflation over the past year was 2.8%, core CPI over the past three months at an annualized rate has plummeted to 1.7%, below the central bank’s 2% maximum inflation target.

The Federal Reserve's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.

Inflation was softer than expected in April — sparking a fresh push from President Trump on Fed Chairman Jay Powell to slash interest rates. The Consumer Price Index rose 2.3% in April from a ...

Key Takeaways The annual inflation rate cooled to 2.3% in April, a milder print than economists expected. The data shows little impact from President Donald Trump’s new tariffs, but US consumers ...

Headline inflation is around the middle of the Reserve Bank’s 2-3% medium-term target band. The large 1% quarterly increase in the June quarter of 2024 will drop out of the next annual calculation.

Annual core inflation, which excludes volatile food and energy prices, rose 3.1% last month. This was also a tad slower than expected, and down from January's 3.3% rate.

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Americans’ inflation expectations have surged to 4.3%, marking one of the sharpest three-month increases since 1979, according to new data that has economists concerned about price stability.