Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...
ALBANY, N.Y. — New York State has begun mailing inflation refund checks to 8.2 million households, aiming to help residents with rising costs due to inflation. Most residents are eligible for a ...
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
U.S. inflation accelerated modestly in August, offering some leeway for the Federal Reserve to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, the Labor ...
Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...
New York state is set to begin sending its first-ever "inflation relief" rebate checks to taxpayers starting next week, part of a plan from Gov. Kathy Hochul to put a little cash back into pockets ...
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...
President Donald Trump is declaring inflation dead. Do most Americans — and data — agree? During an appearance on Fox News early Friday, Trump claimed that he “already solved” inflation. “Costs are ...
NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier ...
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