Inflation hits 3% in Europe
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The Fed’s preferred inflation gauge climbed in March as soaring oil prices spilled over into the economy.
The federal government’s publication of the latest consumer inflation data saw Wall Street once again engaging in its favorite activity — spraying BS as far and wide as possible, and on an industrial scale. Moments after the latest official data ...
Federal Reserve Chair Jerome Powell. WASHINGTON — Consumer prices edged lower last month, according to a report from the Bureau of Labor Statistics, a reading that is likely to reinforce the Federal Reserve's wait-and-see approach to further interest ...
There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more than 100,000 jobs, a Wednesday report revealed.
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by the Labor Department. The latest consumer price index report, which was delayed by the brief government shutdown earlier this month ...