Tag: inflation
Fed plans to raise rates as soon as March to cool...
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key...
Inflation inequality is a thing, and it’s getting worse
The fastest rate of inflation in 40 years is hurting families across the U.S. who are seeing ever-higher prices for everything from meat and...
U.S. consumer inflation up 6.8% in past year, most since 1982
WASHINGTON (AP) – Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and...
U.S. food banks struggle to feed hungry amid surging prices
OAKLAND, Calif. (AP) – United States food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge...
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...
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...
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 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....
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...
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