price index held steady in Commerce Department data released Friday at an annual increase of 2.5 percent. “Core” inflation, ...
"Inflation readings still need to show sustained progress toward 2%, and the recent economic uncertainty will make them ever more data-dependent in the coming weeks and months." ...
While paying down debt might seem like a strange way to combat inflation, the reason is that high-interest debt becomes more expensive when inflation rises, Stroup said. “So paying down credit ...
The core personal consumption expenditures price index showed a 0.4% increase for the month, putting the 12-month inflation ...
As businesses shuttered, consumers spent less and saved more. Median global inflation fell from 2.2 percent to 1.9 percent that year. In 2021 and 2022, consumer demand recovered far more rapidly ...
Core inflation, which excludes volatile food and energy items and is watched closely by the Federal Reserve because it reflects more sustainable trends, also increased 0.2%, down from 0.4% a month ...
If it pushes inflation expectations and prices higher in a consistent way, Musalem said ... to date could raise the Fed's ...