Wholesale prices in the U.S. didn't rise in February. Hooray. The report follows a similarly mild increase in consumer prices. Inflation is still running well above prepandemic levels, however, and ...
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
Excluding volatile food and energy prices, so-called core wholesale prices fell 0.1% last month from January, first drop ...
Inflation rose at an unexpected low level of 2.8% in February and the price of eggs, the symbolic measure of post-election ...
February’s inflation report was better than expected, but it doesn’t tell us much about where prices are heading given the uncertainty around Trump’s trade war. “The widespread imposition of tariffs ...
According to the most recent BLS reading, released Wednesday morning, February saw less steep price increases for consumers. The Consumer Price Index (CPI) rose by 0.2 percent, a slowdown from January ...
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
The report, scheduled for release at 8:30 a.m. ET, is expected to show a 2.9% rise in the CPI from the previous year, according to economists surveyed by FactSet. If accurate, this would represent a ...
He's not alone. In addition to the human cost, the financial cost is rising across the economy. AMP chief economist Shane Oliver told The Business that south-east Queensland and northern New South ...
COVID triggered record government debt, hit labor markets and shifted consumer behavior. Inequality has increased, while ...
President Donald Trump made numerous false claims in his Tuesday speech to a joint session of Congress. The falsehoods ...
THE FACTS: Trump is banking on the idea that taxing imports is the road to riches for the United States. Most economists say ...
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