Why cooling U.S. inflation eases pressure on Fed despite rising oil prices after Iran attack
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July 14, 2026
The U.S. Labor Department released its latest inflation report on Tuesday. The report showed that inflation cooled in June, giving the Fed more confidence that price pressures are easing. Consumer prices fell 0.4% from May to June, the largest monthly…
US President makes “I like inflation” remarks in CPI report, “Can’t stand Trump” trend
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June 11, 2026
“I like inflation. You know why.” No, this wasn’t the start of an economics lecture, but the start of another rant from US President Donald Trump. Trump was asked about rising U.S. inflation following the release of the new Consumer…
With inflation likely to climb to 4.2% in May, Americans face higher daily costs and consumer budgets across the country are strained
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June 10, 2026
Americans are likely to see higher prices for everyday necessities, including milk, bread, meat, gasoline, rent and housing, utilities, health care and insurance. Inflation has been rising for months since tensions over the Iran war disrupted supply…