Inflation Still Over Target in August

Inflation Still Over Target in August

Inflation has exceeded the Fed’s two-percent target for 54 consecutive months, with prices up 25 percent since March 2020.

Core Inflation Slowed In August Amid Strong Spending and Wage Gains

Core inflation slowed down in August,  the Federal Reserve's preferred gauge showed Friday, suggesting President Trump's tariffs are not creating significant price pressures for American households.