The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...

Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The Republican’s comments reflect the reality that presidents have almost no levers to ...

The BEA compiles an estimated total for PCE to measure and track changes in spending on consumer goods over time. This figure can provide an idea of economic strength and how price changes can ...