President Donald Trump has held his last rally of 2025 in North Carolina, praising his economic agenda.
Read More North Carolina: Trump praises economic agenda in last rally of 2025Tag: Core inflation
Inflation slows to 2.7% — lower than expected, down from its ‘Biden-era peak’
Inflation in the United States decelerated last month, according to a Labor Department report that was delayed due to the 43-day government shutdown this fall.
Read More Inflation slows to 2.7% — lower than expected, down from its ‘Biden-era peak’US consumer prices post largest gain in seven months; cost of rent subsides
Consumer prices increased by the most in seven months, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next week.
Read More US consumer prices post largest gain in seven months; cost of rent subsidesUS consumer spending, inflation rise moderately in August
Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
Read More US consumer spending, inflation rise moderately in AugustFed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Read More Fed expected to deliver quarter-percentage-point rate cut next weekInflation rises moderately in April, consumer spending slows
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Read More Inflation rises moderately in April, consumer spending slows
