Inflation Keeps Prospects of a Fed Rate Cut Low

The Consumer Price Index is one of the last major data releases ahead Kevin M. Warsh’s first meeting as chair of the Federal Reserve.

Paychecks are losing to inflation again

Inflation is taking them back. Average hourly earnings rose 3.4% over the past year in May, but consumer prices rose 4.2%, leaving wage growth behind inflation for a second straight month. That makes the strong labor market feel a little less strong for households.
CNN

Uncomfortably high inflation is a real problem and it’s not going away anytime soon

Here’s something no American wants to hear: Prices are surging again, and uncomfortably high inflation could be with us for quite some time. Inflation has been a thorn in the US economy’s side since 2021, and though price increases have cooled off ...
Pew Research Center

Have Americans’ wages kept up with inflation? That depends

With many Americans worried about prices, it’s worth looking at whether workers’ wages have been rising quickly enough to keep up. Like a lot of things in economics, however, there’s not one definitive answer.
Morningstar

Consumers are still struggling as inflation is a problem again, this food company says

Inflation is expected to be 7% in the coming year, including the impact of tariffs, according to the parent of Duncan Hines, Boom Chika Pop and Reddi Wip food brands Inflation has become a problem again for consumers, according to branded-foods company ...
Hosted on MSN

Milei Fixed Half of Argentina’s Inflation Problem. He Needs Help With the Rest.

Two years ago, Argentines elected the radical libertarian Javier Milei as president with a mandate to fix the country’s chronically high inflation. The odds didn’t look good. Previous presidents had failed to address one of inflation’s root causes ...
CNBC

Kelly Evans: A stubborn inflation problem

Monday - Friday, 1:00 - 2:00 PM ET Bad news on the inflation front this morning. The producer price index for February was running super hot. Last month--before the Iran war began, and oil prices skyrocketed--the PPI rose 0.7%. That's just the monthly ...
Pew Research Center

Americans See Health Care Costs, Deficit, Inflation as Big Problems Facing the Nation

Issues like money in politics and Republicans’ and Democrats’ ability to work together are also seen as very big problems across the political spectrum.
24/7 Wall St.

Trump and Kevin Warsh Plan a Huge Giveaway to Retirees. There’s Only One Problem

Inflation has a way of turning economics into personal finance. For retirees living on fixed incomes, every increase in the price of groceries, gasoline, utilities, and healthcare stretches a monthly Social Security check a little further than it was designed to go.