The Biden administration — an endless reservoir of unintentional comedy that would be funny in another context — is at it again. The White House’s latest self-own appeared in the form of a graph ...
A breakdown of PCE into supply-driven and demand-driven inflation shows that inflation may linger higher for longer. Supply-driven inflation had been a core driver of PCE inflation reaching its peak ...
The consumer price index rose 2.4% on an annual basis in May 2025, up from 2.3% in April, according to the Bureau of Labor Statistics. Inflation trends are largely encouraging under the surface, and ...