President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth is solid, driven by ...
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend ...
What’s kept the economy churning has been strong consumer spending, even in the face of high inflation and high interest rates meant to counter those price hikes. Consumers have continued to ...
While inflation has cooled since 2022, the CPI rose 3.3% from May 2023 to May 2024. Not all prices rise at the same rate, with some sectors of the economy seeing minimal inflation or even falling ...
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.