Federal Reserve Predicts High Inflation Will Persist for More than Seven Years Post-Pandemic

Key Takeaways The Federal Reserve's latest set of projections foresees inflation as measured by core PCE prices falling to a 2% annual rate by the end of 2028.If the Fed's assessment is accurate, ... Read More

Trump faces same economic challenges that cost Harris her White House bid

President Donald Trump faces a similar economic environment to the one that cost Kamala Harris the White House. Read More

Trump just said he solved inflation. But prices are rising - in part because of his policies

President Donald Trump this week declared on Friday that he’s “already solved inflation” and that “costs are down.” ... Read More

Grocery Prices Squeezed Budgets as CPI Inflation Hit Its Highest Since January

Inflation continued to crunch budgets in August as tariffs pushed up prices on groceries and other household items. Read More

The $5 Trillion Post-Pandemic Government Aid: Did It Fuel Inflation?

In response to the COVID-19 pandemic, the U.S. government injected an unprecedented $5 trillion into the economy. This massive financial intervention, while crucial for economic survival, has sparked ... Read More

Inflation clouds Fed’s path, White House eyes Intel stake

Despite the hotter-than-expected producer inflation reading, markets remain convinced that the Federal Reserve will cut interest rates in September by a quarter of a percentage point. Secretary of the ... Read More

As inflation concerns grow, ABC releases Price Tracker to help consumers identify cost trends

The Price Tracker also sheds light on national trends. The typical price of a single-family home in the United States is about $368,000, jumping roughly 13% over the past 5 years and 38% over the last ... Read More