The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
Commissions do not affect our editors' opinions or evaluations. The consumer price index, commonly referred to as CPI, measures changes in the price of consumer goods and services, from food and ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
The Consumer Confidence Index (CCI) is a survey administered by the Conference Board. The CCI measures what consumers are feeling about their expected financial situation, whether that's ...
JUNEAU — A three-member panel recommended Wednesday that Alaska’s governor, cabinet members and lawmakers receive automatic pay adjustments every odd-number year moving forward.
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's better than benefits remaining stagnant, but this increase likely isn't going to make life more comfortable for retirees struggling with rising costs.
The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the public.
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to FactSet’s consensus estimates. They anticipate that the core measure of PCE inflation, which excludes volatile food and energy prices, rose 0.2% on a monthly basis and 2.8% over the past year.
IN the grand, often bewildering economic theater of the Philippines, where the script seems to shift from comedy to drama with the regularity of the morning sun, we find ourselves in early 2025, wrestling with the specter of inflation.