Browsing: inflation

Last week, Fed Chair Jerome Powell signaled that the Fed is likely to lower interest rates this year. The market jumped as a result. Investors should…

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In a CNBC interview,…

Four years after inflation first spiked, Americans’ wages are still falling behind — and a slower job market isn’t helping Source link

Ann Hermes/The Christian Science Monitor via Getty ImagesEven a peanut butter and jelly sandwich is not immune to inflation’s bite.Although grocery prices cooled in July, food…

The impact of Trump-era tariffs on goods and services is starting to trickle through the economy, but for now, the effect on inflation appears minimal, raising…

Spencer Platt | Getty ImagesInflation held steady in July as price declines for staples like groceries and gasoline helped offset price increases for consumers.However, there were…

Defining inflation is simple—it’s when everything becomes more expensive. The reason it happens and how it’s measured, however, is complicated. For many retirees, it begs the…

Customers line up at the check out booth on April 18, 2025 at a Costco branch in Niantic, Connecticut.Robert Nickelsberg | Getty ImagesThe annual inflation rate…

The Federal Reserve’s preferred inflation index pulled further away from the central bank’s 2% target, underscoring the central bank’s wait-and-see-approach to lowering interest rates.Prices rose by…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…