Tag: inflation
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...
U.S. consumer spending cools; inflation stays near Fed goal
WASHINGTON – U.S. consumer spending rose in August at the slowest pace in six months, moderating from more robust readings on the biggest part of...
U.S. consumer spending, inflation rose in July; Incomes cooled
NEW YORK - United States consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep...
Northeast CPI increases 2.7% in July
PROVIDENCE – The Consumer Price Index in the Northeast region increased 2.7 percent year over year in July, compared with 2.9 percent nationally, according...
U.S. consumer spending stayed solid in June
WASHINGTON – U.S. consumer spending posted a fourth consecutive solid advance in June, fueled by steady income growth and underscoring strength in the biggest...
