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The firm detailed five reasons why inflation risks must still be monitored: First, initial interest-rate cuts have been more broader and deeper than expected on a global basis.
OTTAWA (Reuters) -Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a ...
The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell.
The effect of sanctions on the Russian economy caused annual inflation in Russia to rise to 17.89%, its highest since 2002. [119] Weekly inflation hit a high of 0.99% in the week of April 8, bringing YTD inflation in Russia to 10.83%, compared to 2.72% in the same period of 2021. [119]
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
This disparity underscores why inflation remains a deeply unpopular issue for Americans. Elevated inflation and borrowing costs squeeze household budgets, disproportionately impacting Main Street.
The year-over-year change in the so-called core CPI — which excludes volatile food and energy prices — was 3.8%, the same level as it was in February but a tenth of a percent higher than expected.