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inflation

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FILE PHOTO: Walmart store in Oceanside, California

Economy Aug 29

Key U.S. inflation gauge holds mostly steady though core inflation ticks higher

By Christopher Rugaber, Associated Press

Economy Aug 26

A customer looks at shoes at a Footlocker store in New York City
August consumer confidence dips with jobs and tariffs driving most unease

Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month.

By Matt Ott, Associated Press

Economy Aug 22

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell holds a press conference, in Washington
Watch 7:00
Powell hints at long-awaited rate cut but admits Fed in ‘challenging situation’

In a closely watched speech, Fed Chair Jerome Powell gave the strongest indication yet that the central bank will cut interest rates as soon as September. With inflation ticking up and the job market cooling down, Powell said the Fed…

By Amna Nawaz, Jackson Hudgins

Politics Aug 22

Federal Reserve Chair Powell testifies on monetary policy to the Senate Banking Committee, in Washington
WATCH: Powell signals Fed may cut rates soon even as inflation risks remain

In a high-profile speech closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation.

By Christopher Rugaber, Associated Press

Economy Aug 19

People shop for groceries at Eastern Market in Washington
Watch 7:36
The climate and market factors driving beef prices to record highs

Beef prices have soared to all-time highs with many families feeling the squeeze. Economics correspondent Paul Solman looks at the factors driving prices higher.

By Paul Solman, Diane Lincoln Estes

Aug 14

U.S. producer prices surge in July as Trump tariffs push costs higher

By Paul Wiseman, Associated Press

The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier.

Continue reading

Aug 12

Watch 6:07
Tariff-driven inflation accelerating with ‘worst yet to come,’ AEI’s Michael Strain says

By Amna Nawaz, Jackson Hudgins

New inflation figures showed signs that President Trump’s tariffs are starting to have an impact on consumer prices. Overall inflation held steady, but core inflation, which is closely watched by the Fed and does not include volatile food and energy…

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Aug 12

Why economists are criticizing Trump’s nominee to oversee data on jobs and inflation

By Christopher Rugaber, Josh Boak, Associated Press

President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next commissioner at the Labor Department's Bureau of Labor Statistics. Antoni's nomination was quickly met with a cascade of criticism from other economists.

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Aug 12

U.S. inflation remained flat in July, though core prices accelerated

By Christopher Rugaber, Associated Press

Excluding the volatile food and energy categories, core prices rose 3.1%, up from 2.9% in June.

Continue reading

Aug 07

Watch 5:44
As Trump’s tariffs kick in, economist breaks down inflation and recession warning signs

By Geoff Bennett, Jackson Hudgins

After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a century. To help break down the impact of the new…

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Full Episode
Thursday, Sep 4
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