Inflation

The CPI rose 3.1% in January compared to a year ago.

Bureau of Labor Statistics data shows that 2023 saw a pullback in labor cost growth. That may keep the downtrend in inflation going.

A strong job market alongside cooling price gains has economists debating a key model, Bloomberg's Enda Curran reports.

These measures of inflation track the prices consumers pay and the prices producers receive for their wares. But they don't always line up.

Here's how some families are trying to economize when it comes to the food they buy to make at home.

Wage growth is slowing, and those at the top of the earnings spectrum have done better than those at the lower end.

2023 was officially a very good year for the US economy: unemployment stayed near record lows, the markets were strong, and inflation came under control. So with all this good news, why does looking at the grocery bill still feel a little like getting poked with a cattle prod? 

Geopolitical conflicts persist, and a political war rages inside the U.S. as elections approach, observes Eurasia Group’s Ian Bremmer.

Consumers forecast inflation at 3% a year from now, the lowest their short-term expectations have been in three years.

Worries about inflation persist even as wages are rising but will consumer sentiment improve this year?