Corporate America wants people to believe that they are the victims of the terrifying monster known as inflation. This ...
The disconnect stems in part from a typical lag between when inflation comes down and when consumers acclimate to new price levels, since a lower inflation rate does not mean prices have come down but ...
A misleading cartoon was published in the Sept. 2 edition of The Morning Call, blaming Kamala Harris for inflation, and high food and fuel prices. Inflation after Biden took office resulted from a ...
blackred / Getty Images At its most basic level, inflation is a general increase in prices across the economy and is well-known to all of us. After all, who among us has not reminisced about the ...
Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...
Early in the current inflation debate, at least one highly placed group of economists did draw a more appropriate lesson from history. In a July, 2021, blog post, Cecilia Rouse, the chair of the ...
Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4 ...
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Prices rose 2.5% in the 12 months ending in ...
Inflation fell in August to the lowest level in over three years, adding to the Federal Reserve's case for an interest rate cut next week even as prices remained uncomfortably high for millions of ...
Photo: Natalie Behring/Bloomberg News Inflation eased in August to a new three-year low, teeing up the Federal Reserve to begin gradually reducing interest rates at a meeting next week.