Inflation has lowered somewhat during President Donald Trump’s second term, but it’s not “plummeting,” as he boasted in his State of the Union speech. And he falsely claimed he inherited “record ...

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(NEXSTAR) – Inflation looks to be heating up again. As gas prices spike, so have the cost of many other consumer goods, and inflation is back up above 4%. Price growth has also started outpacing wage ...

President Donald Trump said on June 10, 'I love the inflation.' The May CPI report shows prices have gone up 4.2% since the year prior. Trump later told the New York Post he said he thought the ...

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President Donald Trump embraced an unlikely foe Wednesday: inflation. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Asked by reporters whether ...

WASHINGTON — President Trump told The Post on Wednesday that he was taken out of context as he faced an outpouring of scorn for telling reporters in the Oval Office that “I love the inflation” — after ...

Ty Roush is a breaking news reporter based in New York City. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

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

One number released this past week says inflation is running away from the Federal Reserve’s 2% target. Another says it’s nearly there. The Commerce Department said Thursday that a widely watched ...

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...