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Core inflation, which excludes more volatile food and energy prices, also rose 0.4% month over month and 3.8% from a year ago in March, compared with consensus forecasts for 3.7%.
On a "core" basis, which strips out the more volatile costs of food and gas, prices in September climbed 0.3% over the prior month, stronger than the 0.2% uptick economists had expected, and 3.3% ...
The labor market's unexpected surge in September has left investors wondering about the path of Federal Reserve policy after the central bank said it's shifted focus to the labor market after ...
Inflationary pressures intensified as expected in November, but the trend is beginning to show signs of stickiness, posing fresh challenges to the Federal Reserve’s 2% target after months of ...
Though inflation now hovers close to the Federal Reserve's 2% target rate, it's not yet time to declare victory: prices continue to run hotter than expected, and that's happening alongside ...
Inflation expectations or expected inflation is the rate of inflation that is anticipated for some time in the foreseeable future. ... Any unexpected increase in the ...
Read the latest news on inflation and what it means for the Federal Reserve: Stocks sink as hot inflation torpedoes rate-cut hopes. Higher gas prices helped drive hotter-than-expected inflation in ...
Inflation in New Zealand exceeded forecasts in July 2022, reaching 7.3%, which is the highest since 1990. [233] Economists at ANZ reportedly said they expected faster interest rate increases to counteract inflationary pressures. [234] In Fiji, inflation rose to 4.7% in April 2022 compared to –2.4% in 2021. [235]