Inflation news
Read verified news on BetaVoices covering Inflation, with reporting, context, and related developments.
Fed’s preferred inflation gauge rises to nearly three-year high under Warsh
The April PCE report showed inflation running at a 3.8% annual rate, adding pressure on the new Fed chief as energy costs climb and rate-cut hopes fade
Florida mother turns to digital coupons as grocery bills climb
Kiana Powell told CBS News her family’s grocery costs have risen sharply, pushing her to track online deals, rewards programs and store-by-store sales
Silver slides as inflation fears hit bonds, stocks and metals
Global yields rose Friday, with the U.S. 10-year Treasury near a one-year high, as investors weighed energy risks, geopolitics and fading hopes for rate cuts
Food pantries see more Americans return as prices outpace wages
A CBS News report says families are turning again to food assistance as household costs rise faster than paychecks for the first time in three years
Bond market pushes for tighter Fed stance as Warsh takes over
Ed Yardeni says the 2-year Treasury yield is flashing concern that rates are too low to contain inflation, while Treasury Secretary Scott Bessent argues the latest price surge should fade
Producer Prices Rose at Fastest Pace in Four Years in April
The wholesale inflation gauge climbed as a separate consumer-price report also showed inflation was surging, according to a summary of government data
Trump heads to Beijing as Iran war weighs on prices
The state visit is expected to focus on trade and the Iran conflict, while new inflation data may show higher fuel and travel costs reaching consumers
Fed holds rates steady as inflation pressures persist
The central bank kept its benchmark rate at 3.5% to 3.75%, but an 8-4 vote showed rare internal division over how to frame possible future cuts
Core inflation rose to 3.2% in March as GDP missed forecasts
The Fed’s preferred inflation gauge accelerated while first-quarter growth came in at 2%, complicating the central bank’s next move after it held rates steady
Gallup: Record 55% of Americans Say Their Finances Are Getting Worse
The April survey found deepening worries over inflation, energy costs, retirement savings and credit card payments, with pessimism at its highest level since Gallup began asking in 2001