Inflation continued its downward trajectory in August, according to data released Wednesday morning, though the focus for the health of the U.S. economy has largely shifted from whether inflation will ...
CHICAGO (WLS) -- What's causing rising prices in 2021? Consumer goods increased more than 5% from last year. The prices of food, appliances, cars and gasoline are on the rise - and the pandemic is not ...
Inflation moderated as economists forecasted last month, according to the Federal Reserve’s favored inflation metric, bringing welcome news for investors, home buyers and consumers alike looking for ...
Inflation cooled slightly in April, with consumer prices rising at a 4.9% annual pace, marking the first time since June 2021 that the rate has dropped below 5%. It's also the slowest rise in two ...
Inflation is straining household budgets and sharply raising costs for employers, federal data released on Friday show. A measure of prices that is closely tracked by the Federal Reserve rose 5.8% ...
Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Think back to the spring of 2021. What was happening in your life around that time? In terms of the economy, it was the last time inflation was under 3% — until now. It’s 2.9%, according to the latest ...
Economic data shows that inflation has indeed reached its highest point since the early 1980s The rate of inflation has also steadily increased during Joe Biden’s presidency, aside from a small ...
The last time inflation was this high, Ronald Reagan was president and Apple was on the verge of releasing the Lisa. That's interesting history to some – searches for 'who was president in 1982' ...