Interest-rate jitters are weighing on markets, but a Fed official thinks inflation seems control. Here's what happens next.
In the New York area, consumer prices rose 4%, year over year, due to the higher cost of electricity, housing, recreation and food, the federal Bureau of Labor Statistics reported on Wednesday.
The U.S. Bureau of Labor Statistics on Wednesday released its Consumer Price Index, a key marker of inflation, measured by the change in prices paid by consumers for goods and services. At 2.6% in ...
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...
The year-over-year CPI for the general food category is 1.1%. It’s not Groundhog Day, but it can seem like it when reviewing ...
Bread prices rose the most in October, climbing 1.9%, while cereals and bakery products, as well as dairy and related ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
While the current pace of rising prices appears to have leveled off, the expected path of rate cuts has become less certain.
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Still, the gap between restaurant prices and grocery prices increased by 10 basis points in favor of grocery prices during ...