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
















