Economy News Don T Expect Prices To Go Down Soon It Will Take A While To Wring Extra Inflation Out Of The Economy, Says Economist

Prices don’t go down: Jerome Powell says it's too early to debate monetary policy as economy remains solid – but that optimism is not being felt in American households

Despite policy shifts under the Trump administration — from tariffs to immigration to federal spending — Federal Reserve Chair Jerome Powell says the U.S. economy remains on solid footing. While the ... Read More

Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"

For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to ... Read More

Prices, unemployment up: Even Fox News poll shows voters think Trump screwed economy | Opinion

President Donald Trump promised a new Golden Age. But eight months into his term, grocery prices are rising, along with inflation and unemployment. Read More

The US economy has come down with a case of early-onset stagflation

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Two key reports released Thursday showed the US economy may be in a state of ... Read More

Grocery prices have jumped up, and there's no relief in sight

NPR's series Cost of Living: The Price We Pay is examining what's driving price increases and how people are coping after years of stubborn inflation. How are higher prices changing the way you live? Read More

Expect beef prices to keep rising for a while

Rising feed prices, drought and parasites have squeezed cattle farmers, driving up beef prices. But there's also the underlying cycle of prices because of the time it takes to raise a cow. The cost of ... Read More