The cpi, a basket of goods and services typically bought by consumers, tracks the change in those prices over time. · inflation rises, narrowing chances for a fed rate cut the latest report on inflation seems to validate the … · wednesday’s consumer price index report showed that inflation is punching back — and president trump could end up facing the same challenges that dragged down his predecessor, president joe biden. Lower interest rates in september to boost the economy … · rising inflation could put the federal reserve in a dilemma: Although it is a slight increase … · the final inflation report covering the biden administration shows president donald trump inherited an … A deeper dive into the data suggests that … · economists polled by factset had predicted a 2. 9% increase for that measure. Inflation ticked up last month, rising 2. 4 percent in may compared to the same time last year. Wednesday’s consumer inflation report showed a four-month high of 2. 7 percent.