The Treasury Department said Monday that inflation "remained above the target of 2 percent in the third quarter," even as President Donald Trump and administration officials continue to assert that ...

The most basic measure of year-over-year inflation has risen on President Donald Trump’s watch. After stripping out historically volatile food and energy prices, the inflation rate under Trump has ...

New data suggests a notable deceleration in the U.S. inflation rate, potentially offering some relief to both consumers and policymakers. According to Truflation, a blockchain-based provider of ...

Inflation has fallen dramatically but remains above the Fed's target rate. Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving ...

This month, higher prices helped deliver the presidency from the Democrats to Donald Trump. A CBS News Election Day poll showed three-quarters of voters considered inflation a hardship. “I think that ...

Voter dissatisfaction with the economy, particularly the high cost of living after post-COVID inflation, helped bring Donald Trump back to the White House. Inflation peaked at 9.1 percent in June 2022 ...

U.S. inflation last month reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encouraging economic data that has emerged in ...

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for president — ...

Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from a ...

The annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on Wednesday. The July consumer-price index shows an annual inflation rate of 2.9%, slightly below ...

Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...

For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...