Tag: Inflation
-
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.
-
Inflation Surged in March 2026 as Gasoline Prices Drove the Biggest Monthly Jump in Nearly Four Years
Inflation surged 0.9% in March — the biggest monthly jump since June 2022 — as gasoline prices posted their largest single-month increase on record. The annual rate climbed to 3.3%, well above February’s 2.4%.
-
Fact-Check: Trump’s Kentucky Rally Claims on Inflation, Iran, Tax Cuts, and the $18 Trillion Investment Figure
Fact-check of President Trump’s March 11, 2026 rally at Verst Logistics in Hebron, Kentucky. We rate ten claims on inflation, the $18 trillion investment figure, the One Big Beautiful Bill, Iran, fentanyl, and the murder rate against primary government sources.
-
February 2026 CPI Report: Inflation Cools Slightly — But Food and Medical Costs Keep the Pressure On
Inflation held steady at 2.4% annually in February 2026 as the Consumer Price Index rose 0.3% on the month. Core prices cooled slightly, and the rent index posted its smallest monthly increase since January 2021. But food costs rose 3.1% over the year and medical care continued running hot at 3.4%.
-
December 2025 PCE Report: Inflation Ticks Up, Savings Drop, and Spending Holds On
The BEA’s December 2025 Personal Income and Outlays report shows inflation rising to 2.9% annually while Americans dip into savings to keep spending. Here’s what it means for your wallet and the Fed’s next move.
-
January 2026 Inflation Report: CPI Drops to 2.4% as Price Pressures Ease
The Consumer Price Index for January 2026 shows inflation continuing its gradual decline to 2.4% annually, down from 2.7% in December. While energy prices provided relief with gasoline down 3.2% for the month, housing costs and services inflation remain persistent challenges for American households.
-
December 2025 CPI Report Explained: Inflation Holds at 2.7% as Housing and Food Costs Rise
The December 2025 Consumer Price Index reveals inflation holding steady at 2.7% year-over-year, with monthly prices rising 0.3%. Housing remains the primary driver at 3.2% annual growth, while food prices climbed 3.1%. Core inflation stayed at 2.6%, suggesting underlying price pressures remain elevated above the Federal Reserve’s target.
-
Consumer Price Index for November 2025: Inflation Holds Steady at 2.7 Percent Despite Government Shutdown Data Gap
The Consumer Price Index rose 2.7 percent over the 12 months ending November 2025, with a federal government shutdown in October disrupting normal monthly data collection and requiring the Bureau of Labor Statistics to report a two-month change instead.