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Consumers had dodged any inflationary impact from the trade war initiated by President Donald Trump this year, but that’s now changed.
The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...
Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6 percent annual increase in June from 2.3 percent ...
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Trump says he's considering a new tax break. Here's how it could impact the housing market.
We are thinking about no tax on capital gains on houses,” Trump said during an Oval Office meeting with the president of the ...
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Econostrum on MSNHow Bad Is Inflation? A Deep Dive Into Rising Costs
By mid-2023, housing costs remained elevated compared to pre-pandemic levels, leading to increased financial strain for renters and homeowners alike. Lindsay Keeling, a PhD candidate from Las Cruces, ...
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic turmoil.
Companies have been reluctant to raise prices sharply and potentially drive away customers who were already struggling to ...
In a vacuum, the falling rate of inflation would signal that the Fed is ready to cut interest rates, as Chairman Jerome Powell has long said he wants to see inflation at 2% before doing so. But ...
Housing costs have been the biggest inflation driver, making up 35% of overall price increases in May. Other service costs dipped or increased less than expected.
In Dallas, where home prices are basically flat year-over-year, shelter inflation growth has dropped to 1.6% after peaking north of 10% in 2023. This has pulled headline inflation down to just 0.6%.
After hitting a four-year low in April, prices on U.S. goods and services inched up last month, with annual inflation coming in at a 2.4%, according to a Wednesday report from the Labor Department.
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