Tag: inflation
Congressional Budget Office projects lower inflation and higher unemployment into 2025
WASHINGTON (AP) – The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as...
Retail sales up 0.3% in November, showing how Americans continue to...
NEW YORK (AP) – Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still...
Wholesale inflation in U.S. slowed further last month, signaling that price...
Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy's pipeline are continuing to gradually ease.
The Labor...
Fed’s Powell notes inflation is easing but says further progress is...
WASHINGTON (AP) – Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest...
Do you agree with growing sentiment that the U.S. may avoid...
The general sentiment among economists over the past year was that it was a near certainty that the U.S. would fall into a recession...
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool
WASHINGTON (AP) – The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of...
Fed’s Waller raises possibility of a rate cut by spring if...
WASHINGTON (AP) – A key Federal Reserve official raised the possibility Tuesday that the Fed could decide to cut its benchmark interest rate as...
New R.I. food bank status report shows food insecurity has worsened
PROVIDENCE – With the COVID-19 pandemic fading in the rearview mirror, there was a belief that food insecurity would decrease with people returning to...
Bank of America survey: 73% of Gen Z changing spending habits...
PROVIDENCE – Nearly 73% of Gen Zers say they’ve changed their spending habits over the past year due to inflation and the higher cost...
Federal Reserve’s preferred inflation gauge shows still-persistent underlying price pressures
WASHINGTON (AP) – An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer...
