US inflation accelerates in Sep., consumer price index rises
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Key Takeaways The Consumer Price Index likely rose 3.7% over a year in September, up from a 3.4% annual rise in August, according to forecasters.The increase is likely due to a surge in fuel prices stemming from the Iran war.
Inflation is a key economic metric that affects the cost of living, interest rates and determines the value of your money. In simple terms, inflation measures how much the price of goods and services is rising over a set period of time. The Office for ...
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What’s fueling inflation? Fuel.
Inflation in America is being powered by diesel.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. In our 2022 book, Inflation: What It Is, Why It’s Bad, and How To Fix It, we literally put “what it is” right on the cover, in the title ...
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Kevin Warsh, President Donald Trump's pick to succeed Jerome Powell as head of the Federal Reserve, is getting closer to confirmation.
If grocery bills feel heavier than they did three years ago, that is not a matter of perception. It is inflation doing exactly what it does, quietly reducing how far each dollar goes. For retirees living on fixed incomes, that process has real consequences.
Despite rising inflation concerns, bond market inflation expectations have remained stable since August 2023. But Trump continues to push for lower interest rates, aggressive fiscal policies, and more inflation. So far, the Federal Reserve has not moved in ...
The U.S. annual inflation rate jumped to 4.2% in May, a three-year high. NPR's Steve Inskeep speaks with economist Claudia Sahm about what the numbers mean and what the Fed may do about it. Claudia Sahm has been listening with us. She is a former section ...
Your savings account may be labeled “high-yield,” but that doesn’t mean it’s earning enough to protect your money from today’s 3.7% inflation.