a holiday season inflation gauge is well above the dual mandate target. For the last 41 years, PNC has been calculating the "true cost of Christmas" based on the prices of the gifts in the song ...
Inflation has risen for the second month in a row, according to official figures. The overall rate of price rises - as measured by the consumer price index (CPI) - grew by 2.6% in November, a ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term. By Eshe Nelson Reporting from London It’s a somber end to the ...
The case for concern is broader. It may be true that housing inflation is bound to slow, but researchers with the Fed’s Cleveland branch calculate that it will not return to its pre-pandemic ...
The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2% gain ...
UK inflation ticked higher in November, reaching 2.6%, up from 2.3% the previous month, driven by the rising cost of petrol, groceries and an increase in tobacco duty in the budget, according to the ...
It reflects some of the competing challenges facing the economy. Inflation is climbing with underlying pressures proving stubborn. At the same time the economy is flatlining and in desperate need ...
TOKYO, Dec 13 (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll ...
Inflation has been on many people's minds lately, especially when you go to the grocery store for a few items and leave with a sky-high amount on your receipt. Thankfully, there may be a potential ...