Tag: inflation
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...
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...
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. 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...
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...
