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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
(COLORADO SPRINGS) — In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES ...
Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices.The yearly increase matched ...
Inflation is cooling to 2.4%, and interest rates are shifting, too. Which means 2025's financial landscape is going to look different from the past few years. ... too. Which means 2025's financial ...
Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.
“It’s 2025 and it doesn’t look like the inflation worries are going away anytime soon, even though that’s what everybody was telling us a few years ago,” he said in a recent YouTube video.
Inflation rates have dramatically fallen since they topped 9% in June 2022. The current annual inflation rate is 2.5%, the lowest it's been since February 2021. That's a significant drop; however,...
The Biden Administration increased the tariff rate on Chinese EVs from 25% to 100% earlier this year. Tariffs on a wider scale should boost inflation, but when done correctly, they can have long ...