Learn how to beat inflation this holiday season, and spellbind guests with a sweet Halloween snack.
The Fed's annual inflation target is 2%
Core inflation has been steadily coming down this year. In May, inflation was up 2.6% YoY, down from a 2.9% annual rate in January.*
*Source: Bureau of Economic Analysis, Personal Income and Outlays, Personal Consumption Expenditures (PCE) Price Index, excluding food and energy, May 2024.