Search results
Results from the WOW.Com Content Network
T he 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 ...
In 2022 and 2023, the central bank hiked its key rate from near zero to a range of 5.25% to 5.5% to wrestle down a pandemic-related price spike that propelled annual inflation to a 40-year high of ...
In the week ahead, a fresh reading on inflation and retail sales will lead the economic calendar. ... The week's stock moves also coincided with a ... It closed the week up more than 8% for its ...
While supply chain problems and high demand may have helped spur inflation early in the pandemic, Rosolino believes there’s another key reason why prices have soared and remained high: Corporate ...
As our Chart of the Week shows, headline PCE inflation, which includes all categories, showed prices actually fell from the prior month by 0.1%. This marked the first outright decline in prices ...
For years, it was widely believed that inflation coincided with weak economic growth and lower stock prices. But recently the stock market has seemed to reverse that trend.
The producer price index show prices rose 0.4% in November, higher than consensus estimates of 0.2%. Inflation has been inching higher, raising worries that it could hinder the Fed's ability to ...
At the same time, the personal consumption expenditures price index, the Fed’s key measure in determining inflation pressures, moved up to 2.7% in March when including all items, and held at 2.8 ...