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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...
THE NORTHEAST CONSUMER Price Index increased 1.5 percent year over year in January, not seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Northeast CPI increases 1.5% in Jan.

PROVIDENCE – The Northeast Consumer Price Index increased a nonseasonally adjusted 1.5 percent year over year in January, just under the rate of the...
UNITED STATES CPI inflation slowed to 2.2 percent in November. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Underlying U.S. inflation picks up to keep Fed hike on track

NEW YORK - A key measure of United States inflation picked up as expected in November on rising costs for housing, medical care and used...

Recession bigger threat than inflation

Any move by the Federal Reserve is the subject of concern and debate, as it should be. President Donald Trump has gotten involved in...
CONSUMER PURCHASES rose 0.6 percent in October after a downwardly revised 0.2 percent advance, according to Commerce Department data. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending picks up; Inflation below forecast

NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
THE NORTHEAST CPI rose 1.7 percent year over year in December. Among the products that saw significant increases was piped utility gas, which rose in price 4.7 percent over the year. By comparison, motor fuel in the Northeast declined 0.5 percent in price over the year. / BLOOMBERG NEWS FILE PHOTO/VINCENT MUNDY

Northeast CPI rises 2.3% in October

PROVIDENCE – The Northeast consumer price index increased 2.3 percent year over year, 0.2 percentage points lower than the average U.S. city growth, according...

What’s wrong with the 2% inflation target?

In 1996, Federal Reserve Chairman Alan Greenspan had an exchange with Janet Yellen, then a member of the Fed’s Board of Governors, that presaged...
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