Tag: inflation
Retail sales up 1.7% in March from February driven by a...
NEW YORK (AP) – Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump.
A spike...
Soaring gas prices leads to biggest monthly inflation spike in four...
WASHINGTON (AP) – The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges...
Key inflation gauge remains elevated in February before Iran war
WASHINGTON (AP) – A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs...
More Federal Reserve officials see possible rate hikes this year, minutes show
WASHINGTON (AP) – The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March...
U.S. employers added a surprisingly strong 178K jobs in March
WASHINGTON (AP) – American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped...
Average U.S. long-term mortgage rate climbs to highest level in nearly...
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home...
Federal Reserve keeps rates steady, projects 1 rate cut this year
WASHINGTON (AP) – Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still...
U.S. producer prices rose by a surprisingly hot 3.4% last month,...
WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected in February.
The Labor Department reported Wednesday that its producer price index – which...
Key inflation gauge worsened in January, before Iran war lifted gas...
WASHINGTON (AP) – An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently...
Inflation held steady in February before attack on Iran sent energy...
KANSAS CITY (AP) – Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before...
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