Inflation – Indianapolis Business Journal

Home » Inflation

Inflation cools more than expected as gas costs fall, underlying prices ease

July 14, 2026

Associated Press

Tuesday’s report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.

8Comments

Falling gas prices likely cut inflation last month, but renewal of Iran war could undo progress

July 14, 2026

Associated Press

The government’s latest inflation report, to be released Tuesday, is forecast to show the first monthly drop in consumer prices in nearly four years.

0Comments

Massive AI buildout poses inflation threat as consumers pay more for laptops, electricity

July 13, 2026 | Associated Press

The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive.

Fed minutes: Officials deeply divided over future path of US inflation

July 8, 2026 | Associated Press

The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down.

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

June 25, 2026 | Associated Press

The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout.

Retail sales climbed nearly 1% in May on broad-based spending

June 17, 2026 | Associated Press

The latest retail sales report underscores that spending has remained resilient so far this year despite rising prices.

Higher costs for plastics used everywhere are becoming next inflation headache

June 14, 2026 | Bloomberg News

Plastics are everywhere — from snack packaging to refrigerator parts — and about 98% of it is made of fossil fuels.

US producer prices spike as soaring energy prices fuel largest yearly jump since 2022

June 11, 2026 | Associated Press

Inflation is running well ahead of the Federal Reserve’s 2% target.

Inflation heats up to highest pace in three years, fueled by Iran war

June 10, 2026 | The Washington Post

Inflation crossed 4% for the first time in three years in May, exacerbating Americans’ pain at the pump.

Inflation likely reached 3-year high last month amid spiking gas prices

June 10, 2026 | Associated Press

Despite higher inflation, the job market appears to be improving, with hiring increasing to a healthy level in May.

IBJ Podcast: Pete the Planner on why Americans feel broke at $150,000 a year

June 1, 2026 |

Mason King

As costs continue to rise at an uncomfortable rate, even well-off households are struggling to maintain their basic lifestyles. Have we normalized overconsumption?

Key inflation gauge worsens as Americans’ income and spending power erodes

May 28, 2026 | Associated Press

Inflation is notably above the Federal Reserve’s target of 2%, which means Fed policymakers may decide to forego any cuts to their key short-term interest rate this year.

Retail sales rose 1.7% in March, driven by spike in gas prices

April 21, 2026 | Associated Press

Excluding gas prices, retail sales were up 0.6%, helped in part by government tax refunds and warm weather.

Soaring gas prices lead to biggest monthly inflation spike in four years

April 10, 2026 | Associated Press

The big question for consumers and the economy is whether the surge in oil and gas prices will create a sustained, broader inflation shock.

Key inflation gauge remained elevated in February before Iran war

April 9, 2026 | Associated Press

Thursday’s report is largely a warm-up for the more important inflation data to be released Friday, when the government will publish the higher-profile consumer price index for March.

Fed keeps key rate unchanged as Powell vows to stay until DOJ probe is done

March 18, 2026 | Associated Press

Federal Reserve Chair Jerome Powell suggested that the central bank remained concerned about inflation that was still stubbornly elevated even before the Iran conflict’s impact on gas prices.

US wholesale prices see biggest rise in a year

March 18, 2026 | Associated Press

U.S. wholesale prices came in hotter than expected in February, driven partly by a sharp increase in food costs.

Inflation held steady last month, before attack on Iran sent energy costs soaring

March 11, 2026 | Associated Press

Even if oil price increases are short-lived, it will almost certainly delay any interest-rate cut by the Federal Reserve, which meets next week.

Wholesale prices hotter than expected in January

February 27, 2026 | Associated Press

Driving the increase was an uptick in the wholesale price of services, led by higher profit margins for retailers and wholesalers.

Inflation cooled slightly in December–though it remains above Fed’s target

January 13, 2026 | Associated Press

Signs that inflation is cooling could make it more likely that the Federal Reserve will reduce its key interest rate later this year, which could translate into lower borrowing costs for mortgages, auto loans and credit cards.

December interest rate cut was a close call for some Fed officials, minutes show

December 30, 2025 | Associated Press

The minutes showed that even some Fed officials who supported the rate cut did so with reservations, with some saying they wanted to wait for more data before making any further moves.

US economy expands at 4.3% annual rate in the third quarter, fastest in 2 years

December 23, 2025 | Associated Press

But economists caution that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely.

JULY 17-23, 2026

Digital Edition

Graduate programs face uncertainty amid new student loan rules

Susan Orr

Langham Logistics leans into pharmaceutical cold storage

Daniel Bradley

Q&A: Josh Driver’s Selflessly rebuilds software platform with AI agent at the core

Lesley Weidenbener

Previous Issues See Full Issue

Events

IBJ will honor Indiana nonprofits, foundations, organization leaders, businesses who work with nonprofits and philanthropists at the inaugural Nonprofit Excellence Awards presented by KSM CPA & Advisors.

RSVP HERE!

More events

Nominations

IBJ will spotlight some of our city’s most successful business women from both the public and private sectors while revealing the triumphs and challenges that have shaped their careers.

NOMINATE HERE!

Join us for Indy’s premier business executive event as we celebrate leadership at the highest level. Be there as we unveil the CEO of the Year and honor exceptional achievements across the C-Suite. From CMOs driving groundbreaking marketing strategies to CTOs spearheading cutting-edge technology, this exclusive awards event showcases the very best in the business.

NOMINATE HERE!