Latest in Inflation Impacting Americans
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High inflation — the killer of governments — doomed Harris and put Trump back in power
High inflation is often a destroyer of political parties in power, and it claimed another victim in Vice President Kamala Harris.Business - MarketWatch - November 6 -
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.Business - The New York Times - November 6 -
Druckenmiller: I’m worried the Fed declared victory on inflation too early
Legendary investor Stanley Druckenmiller fears a re-run of the 1970s inflationary experience.Business - MarketWatch - November 7 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.Business - Inc. - November 7 -
Why inflation helped tip the election toward Trump, according to experts
Inflation has helped fuel a global backlash toward incumbents, experts say.Top stories - ABC News - November 8 -
Trump Won on Inflation. Where Does It Go From Here?
Ironically, if Trump does nothing, he could get credit for lower inflation.Business - Inc. - November 8 -
Are you worried about inflation? Then fear Trump, not Rachel Reeves | William Keegan
The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions. Having been fairly critical of my (almost) friend Rachel ...World - The Guardian - 6 days ago -
The Lesson of This Election: We Must Stop Inflation Before It Starts
Our nation needs an economic disaster preparedness tool kit to avoid the scourge of inflation.Top stories - The New York Times - 3 days ago -
How will the Fed handle Trump?
Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressiveBusiness - Financial Times - 4 days ago -
Former aide Sue Gray rejects Starmer’s job offer
Ex-chief of staff had been lined up for part-time role as link with devolved nations and regionsBusiness - Financial Times - 3 days ago -
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Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years
Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier MileiWorld - ABC News - 3 days ago -
New inflation data shows increase, days after election
Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.Top stories - ABC News - 2 days ago -
Annual inflation rate hit 2.6% in October, meeting expectations
The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.Business - CNBC - 2 days ago -
Inflation's up again. Here's what it could mean for mortgage interest rates.
Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.Top stories - CBS News - 2 days ago -
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...Top stories - CBS News - 2 days ago -
10-year Treasury yield is little changed after tame inflation report
Investors assessed a key inflation reading that came in as expected.Business - CNBC - 2 days ago -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youWorld - Financial Times - 2 days ago -
Will credit card interest rates increase now that inflation is climbing?
Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.Top stories - CBS News - 2 days ago -
Inflation is cooling, but these 5 things are still getting more expensive
Inflation is far from its peak of 9.1% we saw two years ago, but prices are still creeping up.Politics - The Hill - 2 days ago -
10-, 30-year Treasury yields end at 4-month highs as investors weigh inflation risks
Yields on U.S. government debt finished mixed on Wednesday as traders weighed rising expectations for a quarter-point rate cut by the Federal Reserve in December against the potentially ...Business - MarketWatch - 2 days ago -
Why you should open a CD now that inflation is rising again
With inflation on the rise again, savers may have a small window of opportunity to lock in a high CD rate again.Top stories - CBS News - 2 days ago -
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.Top stories - CBS News - 2 days ago -
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department’s measures of inflation, which most affect consumers.Business - Inc. - 2 days ago -
What to know about inflation as data shows slight rise
if a rise in inflation becomes a trend it could affect the Federal Reserve's quest to reach its target rates and keep the economy healthy. CBS News' Kelly O'Grady has more on the new data.Top stories - CBS News - 2 days ago