Inflation for gasoline jumped, too: Prices increased 4.4% from November to December, according to CPI data. Consumers may not be seeing that in the real world, though: Average prices at the pump ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...

The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four quintiles since 2006, and over a nearer-term timeframe. From the end of ...