U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged this month. Nonetheless, expensive food, with prices increasing by the most in more than three years, and rents underscored the affordability crisis facing President Donald Trump, partly blamed by economists on the White House's policies, including sweeping import tariffs.
Drudge Retort Headlines
Minnesota Sues Feds to Stop ICE 'Invasion' (174 comments)
MAGA Senator Defending ICE Killing Called Out Live (135 comments)
Google Guys Say Bye to California (113 comments)
'Public Service Sometimes Requires Standing Firm in the Face of Threats' (49 comments)
US Protests Condemn ICE Killing (46 comments)
Measles Continues Raging in South Carolina (37 comments)
We're Really Doing Another Year of This? (35 comments)
Swiss Writer who Spawned Alien Archaeology Dies (25 comments)
Trump Threatens ExxonMobil After They Didn't Jump Right in (22 comments)
Iran Reportedly Plans Execution (21 comments)