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The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
An August 2024 survey of inflation expectations showed consumers predicting 2.3% average inflation over the next three years, the lowest figure since the survey was created in 2013. [186] Following Trump's tariff threats, long-term inflation expectations rose to 3.3 percent in January 2025 from 3.0 percent in December, the highest level since ...
A man looks at beef in the meat department at Lambert's Rainbow Market, on June 15, 2021 in Westwood, Mass. The Labor Department said Thursday, Feb. 10, 2022, that consumer prices jumped 7.5% last ...
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell.
To hear Powell tell it, the story of inflation coming down is actually intact. Even as the Fed announced a third consecutive cut, equivalent to a whole percentage point, monetary policy is still ...
Inflation in the UK lifted to a six-month high of 2.3% in October, official data has revealed. The Office for National Statistics said inflation rebounded from the three-year-low it recorded in ...
Something about our wallets getting tighter makes words like “inflation” and “GDP” take on new meaning in the minds of The post How did inflation get so bad? Here are 4 key reasons ...
Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target. Why the Fed ...