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December 2024 to January 2025 Headline CPI U inflation was 0 47 percent Food price inflation was 0 36 percent Energy price inflation was 1 08 percent Core CPI U inflation was 0 45 percent From January 2024 to...to January 2025 Headline CPI U inflation was 3 00 percent Food price inflation was 2 50 percent Energy price inflation was 0 97 percent Core CPI U inflation was 3 26 percent Note Core CPI U excludes food...Consumer Price Index Jan 2025 Dec 2024 M M difference Jan 2024 Y Y difference Month over month inflation Consumer Price Index 0 47 0 36 0 11pp 0 34 0 13pp Core Consumer Price Index 0 45 0 21 0 24pp 0 37...

December 2024 to January 2025 Headline CPI U inflation was 0 47 percent Food price inflation was 0 36 percent Energy price inflation was 1 08 percent Core CPI U inflation was 0 45 percent From January 2024 to...to January 2025 Headline CPI U inflation was 3 00 percent Food price inflation was 2 50 percent Energy price inflation was 0 97 percent Core CPI U inflation was 3 26 percent Note Core CPI U excludes food...food and energy January 2025 Inflation Update 1 Table 1 Consumer Price Index Jan 2025 Dec 2024 M M difference Jan 2024 Y Y difference Month over month inflation Consumer Price Index 0 47 0 36 0 11pp 0 34...

Newsroom Members 2024 Joint Economic Report Data and research State Inflation Tracker Employment Update Debt Dashboard Fiscal Update Inflation Update GDP Update Expenditures Update Social Capital Project Vice...Schweikert Today s downward GDP growth revision reveals a critical slowdown in consumer spending as inflation remains well above the Fed s 2 percent target But the Biden administration cannot sugarcoat the...Newsroom Chairman Schweikert on February Jobs Report Feb 12 Newsroom Chairman Schweikert on January Inflation Report Read the full 2023 Joint Economic Report Read the report Read the full 2024 Joint Economic...

Newsroom Members 2024 Joint Economic Report Data and research State Inflation Tracker Employment Update Debt Dashboard Fiscal Update Inflation Update GDP Update Expenditures Update Social Capital Project 2024...Administration s policy choices outlined in the Report have obstructed economic growth exacerbated inflation and driven up interest costs on the debt exacerbating the nation s debt crisis The Republican section...Administration s policy choices over the past year which have propelled deficit growth and caused inflation to persist well past its peak in 2022 The FY2023 deficit was 1 7 trillion the third highest on record...

15 20 25 30 35 40 45 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 2011 2016 Ra te Figure 4 1 Historic Rates of Adult Obesity Ages 20 and Class III Obesity Long Term Total Obesity Long Term Class III...classes per individual 11 Because this number is indexed to 2017 dollars we first adjust it for inflation using the CPI U and CBO s projections of CPI U for the next 10 years In addition Cawley et al estimates...estimates that excess obesity costs are rising at a rate of 1 93 percent per annum in inflation adjusted dollars For this reason we apply an additional adjustment to the annual excess medical costs due...

levels at or below 2 5 percent between 2010 and 2022 has reversed 5 In response to the spike in inflation observed in 2021 and 2022 the Federal Reserve raised interest rates The result has been an increase...relationship between three macroeconomic variables presented below 11 1 the inflation adjusted growth rate of the U S economy g 2 the inflation adjusted interest rate on U S Federal debt r and 3 the primary deficit...size of deficits debt stabilization has become more precarious While current CBO projections of inflation adjusted interest rates remain smaller than the forecasted real growth rate of the economy the gap...

multipolar globe and the possibility of the erosion of the relative status of the dollar due to fiscal inflation might move the point of financial reckoning closer than anticipated 8 The failure of the 6 Jack...K was in a similar position in the 19th Century and first decades of the 20th Century On fiscal inflation see Barro and Bianchi and Dorn on the privileged position of the U S on debt sustainability see...Bianchi Fiscal Influences on Inflation in OECD Countries 2020 2022 NBER Working Paper no 31838 November 2023 https doi org 10 3386 w31838 James A Dorn The Menace of Fiscal Inflation Cato Institute blog June...

policy 42 Crowding out 45 Improvements in policy coordination 46 V The control of inflation 49 Inflation and recovery 49 Inflation prospects 50 Indexation and incomes policy 53 VI Structural unemployment 58...83 percent several percent below the desirable level and unemployment is still above 6 percent Inflation continues to be a stubborn problem the increase in consumer prices of 6 8 percent is much too high...the budget requests than is apparent from the figures because of the composition of the increases Inflation will continue to concern U S policymakers as it does the rest of the world Obviously it cannot be...

A Year of Rapid Growth Low Inflation and Change 23 The Economy in 1984 23 Uneven Progress 28 11 Long Term Threats 37 Rising Interest Rates 39 The Threat of Renewed Inflation 39 The Trade Deficit 40 Overseas...Value of the Dollar CPI Adjusted 44 9 Federal Debt Held by the Public as of GNP 1975 84 48 10 85 Inflation and Demographics Vs 86 Request by Category Dollar Change 53 11 Budget Outlays by Category 1980 Actual...re versed in order to better promote productivity higher employ ment and growth without renewed inflation It is making mince meat of our ability to compete in world markets and is dooming many Americans...

through their ability to promote the efficiency of domestic firms and to help combat inflation The rate of inflation in the United States during 1968 and 1969 undoubtedly would have been much greater than...superior to those of other countries to promote the efficiency of domestic firms and to combat inflation Maintenance of a forward looking expansionary trade policy and continued progress in freeing international...various policy goals hascome about for several reasons First as unemployment rose to6 percent and as inflation persisted longer than expected the needto correct these domestic economic maladies began to overshadow...