CNN was grilled on X Tuesday after users called out a perceived disparity in how the outlet framed inflation under President Donald Trump versus former President Joe Biden.

Fresh readings on consumer and wholesale inflation showed prices remain sticky, underscoring expectations that Federal Reserve officials will not cut interest rates in the near term. Fed officials, meanwhile,

Prices rose 2.7% in December from a year ago, a sign that inflation continues rising but in line with the pace seen in recent months.

The latest release of inflation statistics shows price growth was in line with what economists expected after the government shutdown resulted in a confusing November reading. The consumer price index climbed 2.

President Trump declared inflation “defeated” during a speech at the Detroit Economic Club on Tuesday despite a report earlier that day showing annual price growth of 2.7 percent, putting pressure

A spike in gasoline prices that has since reversed itself drove a lot of the increase in the report, which had been delayed because of the government shutdown last year.

Inflation is rising to a greater degree in the Bay Area than nationwide. The nation’s consumer price index rose at a yearly pace of 2.7% in December, the Bureau of Labor Statistics reported.

Interest rates set by the Bank of England should continue to fall as inflation is likely to settle ​around the central bank's 2% target soon, BoE policymaker ‌Alan Taylor said on Wednesday.