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Powell says inflation, though elevated, will likely moderate

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated...

Fed’s Powell says high inflation temporary, will ‘abate’

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a...
THE CONSUMER PRICE INDEX in the Northeast increased 2.3% year over year in January. / PBN FILE PHOTO/MICHAEL SALERNO

Northeast CPI up 2.3% over year in January

PROVIDENCE – The consumer price index in the Northeast region of the United States increased 2.3% year over year in January, slower than the...
THE NEW YORK Fed's measure of inflation expectations three years from now slipped to 2.4% in September, the lowest level in data going back to 2013. / BLOOMBERG NEWS

U.S. inflation expectations slip to record low in Fed survey

NEW YORK – A gauge of inflation expectations from the Federal Reserve Bank of New York fell in September to the lowest level in...
NORTHEAST REGION CPI in July increased 1.7% year over year, not seasonally adjusted, 10 basis points slower than the U.S. city average CPI growth. / BLOOMBERG FILE PHOTO/BRENT LEWIN

Northeast CPI increases 1.7% in July

PROVIDENCE – The consumer price index in the Northeast region increased 1.7% year over year in July, not seasonally adjusted, according to the U.S....
THE NORTHEAST consumer price index increased 1.6% year over year in June, not seasonally adjusted, matching U.S. inflation figures. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

Northeast CPI increases 1.6% year over year in June, matches U.S....

PROVIDENCE – The Northeast consumer price index increased 1.6% year over year in June, not seasonally adjusted, according to the U.S. Bureau of Labor...
THE FED’S preferred core price gauge - tied to spending and excluding food and energy - rose 0.2% from the prior month and 1.6% from a year earlier following a downwardly revised 1.5% in march, according to a commerce department report. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Fed’s preferred core-price gauge picks up while spending gains

NEW YORK – A crucial measure of United States inflation watched by the Federal Reserve picked up in April for the first time this...
CPI in the Northeast region increased 1.7% year over year in March, slower than the national increase of 1.9%. / BLOOMBERG NEWS FILE PHOTO/AKASHA RABUT

Northeast region inflation hits 1.7% in March, slower than national increase

PROVIDENCE – The Northeast region consumer price index increased 1.7% year over year in March, not seasonally adjusted, slower inflation than the U.S. city...
U.S. INFLATION unexpectedly slowed in February amid falling prices for autos and prescription drugs. / BLOOMBERG NEWS FILE PHOTO/CHRIS RATCLIFFE

U.S. core inflation unexpectedly cools on autos, drugs

NEW YORK - A key measure of underlying United States inflation unexpectedly eased in February amid falling prices for autos and prescription drugs, giving...
IN JANUARY, the so-called core consumer price index rose 0.2 percent from the prior month and 2.2 percent from a year earlier. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. inflation remains contained amid Fed patience on rates

NEW YORK - A key measure of United States inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring...

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