Key Takeaways Core PCE inflation, the Fed's preferred gauge of consumer price increases, likely rose 2.9% in September, ...
The Trump administration's signature tax law changes may stoke inflation in the early part of next year. Here's why that's ...
Democrats see an opportunity to hammer Republicans and the White House on "affordability," counting on voters to forget that inflation soared to 9 percent in 2022 -- the highest in four decades -- ...
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% in ...
The IRS is currently in the process of implementing the Inflation Reduction Act of 2022 (IRA), which addresses energy, tax and health policy. The IRA offers, among other incentives, tax credits to an ...
Key Takeaways Consumer sentiment improved in December, but remained close to historic lows as consumers continued to express ...
According to new data, a year of surging prices for everyday expenses squeezed Americans' budgets to the point of kneecapping an alarming number of U.S. households' retirement savings in 2022, The ...
Bank of America shared its inflation forecast with TheStreet, based on the core (excluding volatile food and energy) Personal ...
The underlying rate challenges the RBA’s updated forecasts for the December quarter, reinforcing views that inflation remains ...
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