KVSP Inflation
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Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.5% in March compared to a year ago, accelerating markedly from the previous month and reversing some of the progress achieved in a two-year fight to cool inflation, U.S. Bureau of Labor Statistics data showed. The finding matched economists’ expectations. Price increases have cooled dramatically from […]
Javier Ghersi/Getty Images (NEW YORK) — Elected officials, investors, and everyday households await fresh inflation data on Wednesday that is set to reveal whether the fight to cool price increases remains mired in a rough patch. Price increases have cooled dramatically from a peak of about 9%, but inflation still stands more than a percentage […]
Getty Images – STOCK (NEW YORK) — A booming job market, softening inflation, robust growth — the economy has performed well by just any measure but the chief executive of the nation’s largest bank is worried the U.S. still remains on the brink of a downturn. Jamie Dimon, the CEO of JPMorgan Chase, issued a […]
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.2% in February compared to a year ago, increasing slightly from the previous month and offering the latest sign that progress toward lowering inflation has struck a rough patch, a report from the Bureau of Labor Statistics released on Tuesday showed. The fresh data came in […]
Javier Ghersi/Getty Images (NEW YORK) — Inflation data to be released on Tuesday will reveal the latest price movements, a key economic signal for central bankers weighing interest rate cuts and voters turning their attention to the general election. Price increases have cooled dramatically from a peak of about 9%, but inflation still stands more […]
ABC News (GRAND RAPIDS, MI.) — On the campaign trail, President Joe Biden is touting a post-COVID-19 economy that has roared back to life and continued to shatter expectations in recent months. Worries of a recession are fading, unemployment remains very low and average wages are on the rise again after years of being overtaken […]
Noel Hendrickson/Getty Images (NEW YORK) — Consumer prices rose 3.1% in January compared to a year ago, slowing markedly from the previous month but missing expectations of an even larger cooldown, a report from the Bureau of Labor Statistics released on Tuesday showed. Still, the falling inflation offered welcome news for the Federal Reserve as […]
Noel Hendrickson/Getty Images (NEW YORK) — Inflation data to be released on Tuesday will show whether price increases resumed a monthslong slowdown in January. The report from the U.S. Bureau of Labor Statistics follows a slight acceleration of price increases in December. That jump in inflation complicated the Federal Reserve’s plans to deescalate its inflation […]
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the previous month and defying a smooth path down to normal levels, a report from the Bureau of Labor Statistics released on Thursday showed. The Federal Reserve stands poised to dial back its inflation fight […]
Javier Ghersi/Getty Images (NEW YORK) — Policymakers will pay close attention to the release of price data on Thursday as the Federal Reserve weighs dialing back its inflation fight with a series of interest rate cuts. The Fed expects to slash rates later this year, which would ease borrowing payments for everything from credit cards […]
