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Inflation is expected to be the main driver behind the first yearly decline in back-to-school spending in nine years, according to a new report from Deloitte.. Deloitte's 2023 back-to-school ...
Inflation rates have dramatically fallen since they topped 9% in June 2022. The current annual inflation rate is 2.5%, the lowest it's been since February 2021. That's a significant drop; however,...
October inflation readings out this week have shown little progress toward that target, calling into question how deeply the Fed will cut interest rates in 2025.
The fall to 10.1% last month from 10.5% in December shows a further gradual easing from the 41-year high of 11.1% recorded last October.
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By April, Barclays predicts overall price increases will drop to 2.3% while core inflation slides to 2.7%. That would be well below the 40-year high of 9.1% in mid-2022 and modestly above the ...
Primarily driven by supply chain bottlenecks, inflation is a threat to the health of the economy, but the rise in prices has been good for some.
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