A breakdown of PCE into supply-driven and demand-driven inflation shows that inflation may linger higher for longer. Supply-driven inflation had been a core driver of PCE inflation reaching its peak ...

The annual consumer price index fell to 2.4% in March, down from 2.8% in February, according to the Bureau of Labor Statistics. President Donald Trump's tariff agenda and the prospect of a global ...

Economists prefer to look at the rate of change of inflation knowing that inflation almost always goes up in the long-run. Economists sometimes extract certain items like oil and food because they are ...

High inflation is more than a tax on everyday spending, it also impacts longer run costs through higher interest rates. Chart 1 shows the relationship between inflation (blue line), interest rates ...