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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.
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...
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.
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 ...
History of inflation in the US from Jan 1914 - Mar 2009. Year-over-year data calculated for each month using (This year-last year)/last year: Date: 27 April 2009: Source: CPI-U (all urban consumers, U.S. cities average) data from Department of Labor / Bureau of Labor Statistics . Author: Lalala666: Other versions: longer time-scale
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...
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
This is The Takeaway from today's ... The chart of the day. ... +0.4% previously); Personal spending, month-over-month, December (+0.4% expected, +0.2% previously); PCE inflation, month-over ...