The annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on Wednesday. The July consumer-price index shows an annual inflation rate of 2.9%, slightly below ...
Keeping a stable and moderate level of inflation is important for a healthy economy. Policymakers and economists therefore need to understand not only how overall inflation is evolving, but what is ...
The latest inflation readings showed a mixed bag as drops in grocery and used car prices balanced out increases in rent and gasoline. Overall prices increased 3.4% from a year earlier, down from 3.5% ...
Inflation may be rapidly cooling, but there's one area that continues to eat away at Americans' budgets: Stubbornly high food prices. Rising food costs were one contributor to the hotter-than-expected ...
Karabell is an author, investor, and commentator. His latest book is Inside Money: Brown Brothers Harriman and the American Way of Power. As the year wraps up, several things are clear in an otherwise ...
Inflation has been bruising Americans for more than two years — and it's finally losing some of its punch. The Labor Department reported Wednesday that the consumer prices in June were up just 3% from ...
Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from a ...
Inflation—you know it, and you definitely don’t like it. According to Americans polled in a Pew Research Center report last year, it is the nation’s top problem. Frustration with inflation is mutual ...
Inflation continued to cool in July, falling to its lowest level in three years and positioning the Federal Reserve to cut interest rates next month. The fresh report gives the Fed "the green light to ...
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