the war on Iran is driving up gas and oil prices
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President Donald Trump had the economic wind at his back at the start of the year: falling mortgage rates, relatively low inflation and cheap oil and gas.
The Consumer Price Index report highlights that inflation eased more than expected in January. Data released by the Bureau of Labor Statistics on Friday shows that gas prices declined, while grocery prices increased slightly last month. With inflation ...
Americans are getting some relief from lower gasoline prices, which the latest inflation data from the Labor Department shows have declined substantially over the last year. The Bureau of Labor Statistics on Friday released the consumer price index (CPI ...
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Inflation measure falls to nearly a five-year low as gas prices fall and housing costs cool
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the sharp cost increases of the past five years. Inflation dropped to 2.4% in ...