The press release also touted a 1.2% increase in real average hourly earnings year over year.

The White House cheered a drop in inflation in February as President Donald Trump fends off growing scrutiny over his handling of the economy. The latest consumer price index, released in a new report ...

WASHINGTON (Reuters) -The White House said on Friday it had learned there likely will not be a release of inflation data next month due to the U.S. government shutdown, which could leave a gap in a ...

Inflation beats expectations by dropping to 2.4% in January, according to new data from the Bureau of Labor and Statistics.

The White House on Thursday claimed that inflation has fallen under President Donald Trump, but the true picture isn’t as cheery as the administration says it is. U.S. statistical agencies produce two ...

The White House on Monday asserted that new “data” proves the U.S. economy is “back on track,” but inflation—a leading concern for consumers—has surged to its highest level in months. Meanwhile, ...

The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which ...

Inflation remained stable last month, according to new data from the U.S. Department of Labor, and the Consumer Price Index showed consistent price increases in July compared to June.Karoline Leavitt, ...

Kevin Hassett, director of the White House’s National Economic Council, insists that despite five months of rising prices, inflation is actually “way down.” But polls and recent election results ...