Tag: Inflation
-
September 2026 CPI Report: Inflation Climbs Back to 3.7% as Gasoline Jumps 9.1%
Inflation climbed back to 3.7% in September as gasoline jumped 9.1% in one month. Core prices also ran a bit hotter than forecast. Here is what the September 2026 CPI report means for your budget, interest rates and the Fed.
-
Biden vs. Trump Inflation: What the September 2026 CPI Data Really Shows
Two charts, one CPI data set: Biden’s final 20 months versus Trump’s first 20 months of his second term, lined up month by month, with a new September 2026 reading included.
-
Biden vs. Trump Inflation: What the CPI Data Shows
Inflation is one of the first things critics bring up about the Biden years. But the full record shows something that often gets left out: after peaking in 2022, inflation came down quickly and stayed in a fairly narrow range for the rest of Biden’s term. Under President Trump’s second term, the trend has gone…
-
August 2026 CPI: Inflation Moderating, Energy Prices Drive the Numbers
Inflation is moderating, but energy volatility remains the wildcard. August’s 3.4% year-over-year increase is down from April’s 4.2% peak, and monthly momentum is near zero. Core inflation at 2.4% is nearly at the Federal Reserve’s 2% target.
-
Inflation Holds at 3.7% in July: What the Fed’s Favorite Price Gauge Says About Your Wallet
The Fed’s favorite inflation gauge ran hotter than expected in July as real spending stalled and payrolls fell. Here’s what the July 2026 PCE inflation report means for interest rates, prices, and your budget.
-
Trump’s Beef Tariff Deal: Fact-Check & Economic Analysis
Trump says a 90-day beef tariff deal will cut prices and let the U.S. herd rebuild. The herd-size claim checks out, but the ‘fastest price rise under Biden’ claim doesn’t survive the data, and the deal’s economics work against the rebuild goal.
-
July CPI Holds at 3.4%: Inflation Matches Forecasts as Energy Spike Fades, But the Fed Faces a Split Decision
July’s CPI report came in exactly as economists expected: 3.4% annual inflation, core prices at 2.5%. Energy’s spring spike is fading from the numbers, but a weak jobs report complicates the Fed’s next move.
-
Inflation Hits 4.2% in May — Highest in Three Years
The May 2026 Consumer Price Index hit 4.2% year-over-year, the highest inflation reading since April 2023 and almost entirely driven by an energy price spike from the Middle East conflict. But strip out food and energy, and core inflation is a much calmer 2.9% — a critical nuance most coverage misses.
-
Inflation Hits 4.2% in May — Highest in Three Years. Here’s What’s Driving It
The May 2026 Consumer Price Index hit 4.2% year-over-year, the highest inflation reading since April 2023 and almost entirely driven by an energy price spike from the Middle East conflict. But strip out food and energy, and core inflation is a much calmer 2.9% — a critical nuance most coverage misses.
-
Hassett Defends Economy, Touts Tax Cuts, and Vouches for Pulte as DNI in White House Gaggle
Trump economic adviser Kevin Hassett made sweeping economic claims outside the West Wing on June 2. Our fact-check finds his GDP figure off by 2.5×, his $3,000 wage gain disputed, and his Bill Pulte DNI defense dodges credentials.
-
April 2026 PCE Report: Americans Spent More, But Inflation Swallowed the Gains
Americans spent more in April 2026, but inflation consumed nearly all the gains. Real spending barely grew while real paychecks shrank and the saving rate hit a multi-year low. Here’s what BEA’s latest PCE report actually means for your wallet and the Fed’s next move.
-
Inflation Accelerated in April 2026: Energy Prices Drive CPI to 3.8% — Highest in Three Years
Inflation accelerated sharply in April 2026, with consumer prices rising 3.8% over the past year — the fastest pace since May 2023. Energy costs, led by a 28.4% annual surge in gasoline, drove more than 40 cents of every dollar of monthly price growth.