Americans will feel the real impact of Trump's tariffs
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Why the White House says inflation is 2.5% and why it feels higher
Inflation in the United States is now at the center of a political and pocketbook tug-of-war. The White House says prices are rising at roughly 2.5%, a figure officials present as proof that the worst of the surge is over,
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 as 3% in September. The slightly lower rate for ...
From stubbornly high living costs to a softer labor market, economists say these are the forces that will shape the year ahead.
The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.16% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.
Americans weary of high – and rising – prices may get some relief in 2026. Or not. Many analysts believe the economy is finding its footing after several jolts from tariffs, the long tail of the pandemic supply snarls, and more. But some think we’re ...
Mortgage rates saw significant improvements in 2025, but will that continue this month? Here's what to know now.
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Inflation can become a self-fulfilling prophecy
Managing inflation expectations will be a key challenge in the coming year, says Daniel Mahoney When does a prophecy become a reality? Since the 1970s, it has been conventional wisdom that the key to controlling inflation is controlling inflation ...
Millions of American consumers have been waiting for President Donald Trump’s tariffs to spark a dramatic rise in consumer prices, pushing the inflation rate into the red zone. They’re still waiting. The annual inflation rate reached 3% in ...
The U.S. economy has been tested by a barrage of challenges in 2025, from sharply higher U.S. tariffs that drove up inflation and rattled consumer confidence, to rising unemployment amid a slowdown in hiring.