Yes, Inflation Is Going Down. But Here’s Why Prices Aren’t

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 ... Read More

Why you won’t actually be happy if prices go back down (you won’t have a job)

The big economic story of 2023 was that inflation cooled off. The latest inflation numbers, released Thursday, showed that prices rose 0.3% in December, and were up 3.4% for all of 2023, down from 6.5 ... Read More

El-Erian Warns: Don't Expect Prices to Fall, Despite Cooling Inflation

Waiting for prices to settle and things to go back to how they were? Don't hold your breath, Mohamed El-Erian, president of Queens' College, Cambridge; chief economic adviser at Allianz SE; chair of ... Read More

Here's how soon prices could go down again, according to experts

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's no secret that everything from groceries and gas, to airline tickets and rent is more expensive than ... Read More

Inflation has cooled a lot. So why do things still feel so expensive?

Inflation has cooled significantly in recent months — but you may still find yourself paying more at the grocery store or the doctor's office than before the pandemic. It's a big reason why people are ... Read More

The inflation fight isn't over. Forecasters expect tariffs to show up in prices as soon as next month

Americans got some relief from inflation last month, but top forecasters say the effects of the trade war aren't yet being reflected in the data, and the coming months could see a fresh spike in ... Read More