Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.
The annual Social Security COLA is based on a specific measure of inflation from July, August, and September. The first data point might have come in lower than expected, but experts still predict a ...
Staffing shortages have forced the U.S. federal government to scale back the price checks it uses to calculate the inflation rate. Economists are warning that could lead to less accurate ...
The year-over-year inflation rate unexpectedly held steady at 2.7% in July. Economists expected a tick up to 2.8%. Impacts from tariffs imposed in early August could take a while to show up in ...