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Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall.
And though these figures come from a different data set, Friday’s jobs report showed wage gains continued to impress, rising 0.6% over the prior month in January and 4.5% over last year. And ...
If you're still keeping your money in a simple neighborhood account, among the smartest ways to stay ahead of inflation is with a high-yield account paying out up 4.75% APY right now — more than ...
The country reached an 8.3% inflation rate in August, the most recent month for which Consumer Price Index data is available from the Bureau of Labor Statistics. See: Consumer Price Index Shows...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
With the job market cooling, growth in Americans' paychecks has slowed from a nearly 6% annual pace in 2022 to about 4% now, a rate nearly consistent with inflation at the Fed's 2% target.
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. Consumer prices were up 2.7% for the 12 months ended in ...
The Bureau of Labor Statistics released its January Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.