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Consider this: since 1989 inflation has averaged around 3%, which to most people would seem modest. But this means you would need to achieve at least a 3% return on your cash savings and ...
Cutting rates too soon could stoke inflation, which already sits above the Fed’s 2% target. But there’s also risk in waiting too long, which could hurt the labor market and slow economic growth.
Economic Report Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party Annual increase in Fed-favored PCE inflation index decelerates to 2.1% ...
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages. Economists warn that could make for less accurate cost-of-living measures.
Goldman Sachs Economist David Mericle wrote he’s skeptical about the latter scenario, expecting a one-time jump that pushes inflation gauges above 3.5% before coming back down. While the post ...
According to U.S. Labor Department data published on June 11, the annual inflation rate (measured by the consumer price index) for the U.S. was 2.4% for the 12 months ending in May. This was up 0. ...
Federal Reserve Governor Adriana Kugler said her main focus now is inflation, rather than a potential slowdown in economic growth, as President Donald Trump’s tariff policies threaten to put ...
The year-over-year inflation rate sits at 2.4% as of May 2025, which is still above the Federal Reserve’s target rate of 2%, according to WalletHub. USA TODAY has reported that consumers seem to ...
The Office for National Statistics said Thursday the headline inflation rate was 0.1 percentage point higher than it should have been in April’s market-rattling figures, as a result of incorrect ...
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Inflation could benefit credit card behemoth ...
Headline inflation in April was reported to have cooled to 2.3% on an annual basis, the slowest rate of yearly increase in more than four years, according to the CPI report issued on May 13. The ...
Michael Medline said the grocer’s internal inflation for the quarter was “way under” Statistics Canada’s consumer price index (CPI) for food purchased from stores and significantly below its ...
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