Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4 ...

Economists say that one of the best ways to reduce inflation is to increase immigration, which can be done through expanding legal channels for temporary workers and admitting more family and ...

While that report was followed days later by the April consumer price index that showed inflation cooled, it followed three straight months of unexpectedly high prices. Consumer-facing companies ...

Inflation fell in August to the lowest level in over three years, adding to the Federal Reserve's case for an interest rate cut next week even as prices remained uncomfortably high for millions of ...

Inflation cooled significantly from a year-over-year rate of 2.9% recorded in the previous month. Price increases have fallen from a peak in 2022, but inflation remains higher than the Federal ...

Inflation. Inflation. Inflation. You’re hearing and thinking about it a lot lately — especially when you go to the store for “just a few items” and see a sky-high amount on your receipt ...

Concerns that inflation might not be so easily defeated are starting to creep back into financial markets As of Tuesday, inflation swaps and Treasury Inflation Protected Securities were hinting ...

Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Gary Drenik is a writer covering AI, analytics and innovation. Inflation hit a 40-year high in mid-2022, causing the price of basic necessities to skyrocket and forcing consumers to determine ...

The Labor Department announced that the rate of inflation fell to 2.5 per cent in August, the lowest level since February, 2021. After this positive development, Jerome Powell and his colleagues ...