The Latest Breaking News from Inflation

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

Leading economists are sounding the alarm in the lead-up to the Federal Open Market Committee meeting next week, with warnings of a sharp rise in inflation that will take a toll on working families.

Analysts predict a 2.8% increase in Social Security checks for 2026, but the rise may not be enough to offset the growing inflation, especially for seniors living on fixed incomes.

Asian shares rose Friday, tracking Wall Street’s record-setting run after a mixed set of U.S. data bolstered expectations that Federal Reserve will cut interest rates to boost the economy

Senate Majority Leader Chuck Schumer (D-N.Y.) on Thursday accused President Donald Trump of breaking his "day one" promise to lower costs after Labor Department data showed inflation rose in August, and said "Americans know Trump is lying" following Trump's social-media claim of "No Inflation."

Asian markets surged again Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut next week.

All major U.S. stock indices, including the SP 500 and Nasdaq 100, soared to new heights on Thursday. Investors flocked to riskier assets, driven by expectations of imminent interest rate cuts. Despite concerning economic indicators like rising inflation and increased jobless claims, market participants anticipate the Federal Reserve will focus…

Cryptocurrency markets are trading higher on Thursday after consumer price inflation data came in line with expectations.

The U.S. Federal Reserve’s main monetary policy tool is the control of short-term interest rates through the Fed Funds Rate. The market expects the Fed to reduce rates at the September FOMC meeting, but lowering short-term rates does not guarantee that longer-term interest rates will decline.

Retailers are navigating a fresh wave of pricing shifts as August inflation and new tariffs push up costs in categories like autoparts, furniture, and home improvement, signaling tighter conditions ahead for companies from Walmart Inc. (NYSE:WMT) to Best Buy Co. Inc. (NYSE:BBY).

Economists have warned the president’s immigration policies could drive a labor shortage threatening to shrink U.S. GDP growth and amplify inflation.