U.S. Treasury Secretary Scott Bessent has said that the Federal Reserve could revisit its 2% inflation target after consumer price growth is firmly under control, warning that moving too soon could ...
Treasury Secretary Scott Bessent backed the idea of reconsidering the Federal Reserve’s 2% inflation target once the US has sustainably brought price increases back down to that pace. “Once we are ...
The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose ...
Maine Republicans focused on ongoing fraud investigations into a Lewiston nonprofit Wednesday. Domestic violence remains major concern despite overall crime dropping in Maine Crime is down in Maine ...
Inflation eased unexpectedly in November, but economists cautioned against reading too much into the report because of gaps in data collection during the long government shutdown. The government’s ...
Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high ...
President Trump's team quickly went all out to highlight Thursday's better-than-expected inflation print, while economists were just as quick to warn not to read too much into the numbers. One White ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
This is read by an automated voice. Please report any issues or inconsistencies here. Inflation slowed to 2.7% in November from 3% in September, but government shutdown delayed the data release and it ...
The latest Consumer Price Index was below what economists had expected and likely reflects what they called distortions caused by the government shutdown. Note: Data for October 2025 is missing ...
The cost of living continued to climb in November — though a little less than two months ago — as 7 in 10 Americans say they're barely able to pay their bills. Consumer prices in November were up 2.7% ...
Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest rate cuts next year. The Bureau of Labor Statistics said on ...
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