Inflation is slowing down, but unless you're buying a used car, new dress, or television, that might not mean a whole lot. Some of the rising prices we felt most acutely in January were in our grocery ...
July’s Consumer Price Index inflation report is expected to continue the pattern of disinflation seen in recent months. Current expectations for a September rate cut are relatively high, so it is ...
Now it’s official. Jerome Powell, re-nominated for another four years at the helm of the Federal Reserve, says that it’s time to “retire the word transitory.” Those words were a confirmation of what ...
In the wake of the 50-basis-point interest rate hike by an increasingly hawkish Federal Reserve, markets have gyrated wildly ahead of this week's U.S. economic data, which will be closely parsed for ...
One of the safest, high-interest investment options isn't as enticing as it was a few days ago, but the new rate for I Bonds might still be worth considering if you have cash sitting in a savings ...
Inflation likely eased in November despite a string of late-season storms, as falling rice prices helped keep broader food costs in check—a trend that could bolster the case for another interest rate ...
Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...
Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...
Voters in the U.S. midterm election had a constellation of issues on their minds: inflation, abortion, crime, gun policy and immigration. The charts below illustrate sharp partisan divides over what ...
LONDON, Oct 25 (Reuters) - The inflation genie is finally out of its bottle. Now investors are waiting to see whether the European Central Bank on Thursday admits that price pressures are too ...
Anyone looking to add cheese to that burger or scarf down a second hot dog at their Fourth of July picnic may want to think twice, thanks to (at least) one uninvited guest: inflation. The average ...