Stories tagged: inflation
Fri., Oct. 25, 2019
The virtual elimination of inflation is one of the great uncovered stories of our time.
Wed., Oct. 9, 2019
On Wednesday, Fed Chairman Jerome Powell instead said that low inflation can create problems for the U.S. economy, calling it one of the “longer-term challenges” facing the United States.
UPDATED: Mon., Sept. 16, 2019
For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and …
Fri., Aug. 9, 2019
U.S. wholesale prices rise just 0.2% in July, as inflation remains tame
UPDATED: Tue., July 16, 2019
Representatives of Zimbabwe’s government workers Tuesday protested against what they called “slave salaries” as inflation almost doubled to 176%, a decade high that highlights the country’s rapidly deteriorating economy.
UPDATED: Wed., May 1, 2019
The Federal Reserve left its key interest rate unchanged Wednesday and signaled that it’s unlikely to either raise or cut rates in coming months amid signs of renewed economic health …
UPDATED: Tue., March 12, 2019
U.S. consumer prices rose 0.2 percent in February, pushed up slightly by higher gasoline and housing costs even as the prices for autos and clothing slumped.
Wed., Feb. 13, 2019
WASHINGTON – A key measure of U.S. inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring the Federal Reserve’s recent decision to be …
Mon., Oct. 22, 2018
U.S. consumer spending rose in September by a solid, inflation-adjusted 0.3 percent, led by increased spending on health care services and motor vehicles.
Thu., Aug. 30, 2018
U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. At the same time, a key gauge of inflation posted its sharpest annual …
UPDATED: Fri., Aug. 10, 2018
Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy.
Fri., July 13, 2018
The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. …
UPDATED: Tue., June 12, 2018
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively …
Wed., April 11, 2018
U.S. consumer prices rose 2.4 percent in March from a year earlier, the fastest annual pace in 12 months.
Tue., March 6, 2018
We tried Donald Trump’s economic policy in the ’60s and ’70s, and it failed abysmally. It led to double-digit inflation, frequent recessions and public demoralization.
Tue., Feb. 20, 2018
Anyone looking for good economic news will be disappointed by the latest inflation report, which showed the Consumer Price Index (CPI) advancing by 0.5 percent in January. By itself, this …
UPDATED: Wed., Feb. 14, 2018
Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth.
UPDATED: Thu., Feb. 1, 2018
Auto sales were strong in January, with average prices up 4 percent – an early sign of an inflationary economy.
Wed., Jan. 31, 2018
The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.
UPDATED: Tue., Jan. 2, 2018
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy …
UPDATED: Tue., Nov. 14, 2017
Tenants of a second building owned by the company of Jared Kushner’s family filed a lawsuit Tuesday over rent that they say is inflated illegally.
Sun., Oct. 15, 2017
Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will …
Wed., Oct. 11, 2017
Federal Reserve officials at their September meeting struggled to come to terms with persistently low inflation. But in the end, they decided that they should continue to signal the possibility …
Tue., Sept. 26, 2017
Speaking to a conference of economists, Federal Reserve Chair Janet Yellen touched upon key questions the Fed is confronting as it tries to determine why inflation has remained chronically below …
UPDATED: Thu., Aug. 10, 2017
U.S. inflation is finally picking up – or at least that’s the expectation of economists who have been wrong-footed by sub-par readings four months in a row.
UPDATED: Wed., July 26, 2017
The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.
UPDATED: Mon., July 24, 2017
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.
Thu., July 13, 2017
Federal Reserve Chair Janet Yellen on Thursday said she believed the risks concerning inflation are “two-sided,” stressing that price gains could both accelerate or slow down.
UPDATED: Wed., July 12, 2017
Despite low inflation and a lot of uncertainties in the economic outlook, Federal Reserve Chair Janet Yellen said Wednesday she sees the need for the central bank to keep making …
Thu., July 6, 2017
Egypt on Thursday raised electricity prices by more than 40 percent, its latest move on the road to lifting all subsidies and complying with demands by the International Monetary Fund …