The Federal Reserve’s preferred gauge for inflation in October and November was released belatedly after the government ...
Economists appeared skeptical after earlier inflation reports were disrupted by a government shutdown.
While annual inflation held steady at a rate of 2.7% in December, consumers still faced higher prices at the grocery store.
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday.
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US consumer prices likely snapped back after being restrained by government shutdown distortions
WASHINGTON, Jan 13 (Reuters) - U.S. consumer prices likely accelerated in December as some of the distortions related to the government shutdown that had artificially lowered inflation in November ...
While gasoline prices fell 3.4% in December, food costs increased by 3.1%, with takeout and restaurant prices rising by 4.1%, and prices for electricity were up by 6.7%. The rising costs for basic ...
Inflation was cooler than expected in December as prices for used cars fell, driving down the overall inflation rate. However, food prices rose at their fastest pace in more than three years. Tariffs ...
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Tuesday. The Labor Department ...
America’s economic mood deteriorated in January to its lowest level in more than a decade as consumers fretted about geopolitical tensions, affordability and President Donald Trump’s unrelenting trade ...
Treasury yields fell as unsurprising December inflation supported expectations that the Fed will hold interest rates steady for a while. The latest CPI data takes the pressure off the Reserve Bank of ...
Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the ...
A slew of executive orders from the White House have fueled a dramatic decline in diversity, equity and inclusion programs nationwide. But not at the Recording Academy, ...
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