Brancaccio: I keep using the metaphor of remedy, like it's medicine, the higher interest rates to try to cure inflation. But I'm going to keep with this slightly tortured metaphor for just another ...
In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in March, the Consumer Price Index has now ...
Anybody who remembers the 1970s remembers the Great Inflation, when retirees on fixed incomes struggled to make ends meet. They probably also remember what happened next, when the Federal Reserve ...
In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in March, the Consumer Price Index has now ...
July’s Consumer Price Index inflation report is expected to continue the pattern of disinflation seen in recent months. Current expectations for a September rate cut are relatively high, so it is ...
WASHINGTON, Feb 11 (Reuters) - The U.S. central bank needs to keep tight monetary policy in place for now amid continued strong economic growth, Kansas City Federal Reserve President Jeffrey Schmid ...
Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...
Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...
In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in March, the Consumer Price Index has now ...
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