Economist say the new consumer price data is based on incomplete information because of the government shutdown.
They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
Prices haven't fallen as Trump promised during his election campaign, with consumers still struggling through what has now ...
The Consumer Price Index rose 2.7% in November over the past 12 months, down from 3% in September and below expectations of a ...
After long-awaited government data showed underlying US inflation cooled to a four-year low in November, economists agreed on ...
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts. The ...
Inflation had risen steadily through 2025, amid President Trump's aggressive tariff campaign. Will it stick around in 2026?
U.S. consumer prices rose less than expected in the year to November, but households still faced affordability challenges as ...