U.S. inflation cooled sharply in November, but the 2.7 percent reading is not considered official after a government shutdown forced changes in how the CPI was calculated.
All posts in Inflation
The Fed cuts interest rate for second time in 2025
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
List: U.S. Government Shutdowns Since 1976
Here’s a list of All U.S. Government Shutdowns and Their Duration Since 1976
U.S. Inflation Rises 2.9% in August: Food and Gas Prices Lead the Surge
The August inflation data overlaps with President Trump’s latest round of tariffs on major U.S. trading partners. But while the direct impact is up for debate, beef’s surge suggests tariffs may already be filtering into consumer prices.