What an around-the-mulberry bush explanation for inflation. It doesn’t matter which party is in the White House. The simple and honest answer is more jobs and higher wages increase household incomes ...

Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...

Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...