WASHINGTON - Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy. The Labor Department said Thursday that consumer prices jum...
The last time the United States experienced core Consumer Price Index (CPI) inflation over 3% was in 1995. Investors have grown accustomed to low, stable inflation rates and even worried after the global financial crisis about the potential for deflation. We believe the US economy has reached ...
WASHINGTON - Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy. The Labor Department said Thursday that consumer prices jum...
WASHINGTON - Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious. Consumer inflation reached 7.7% in October from a year earlier and 0.4% from...
WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.
consumer inflation to its highest level in four decades. In addition, housing costs, which make up about a third of the consumer price index, have escalated, a trend that seems unlikely to reverse anytime soon. Economists point out that as the economy has emerged from the depths of th...
NEW YORK (Reuters) - U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations that the Federal Reserve will start cutting interest rates in the first...
“Today“s slightly worse than expected consumer price inflation numbers provide no reason for the Federal Reserve to change its present policy course of keeping interest rates on hold at their present level,“ Desmond Lachman, a senior fellow at the American Enterprise Institute, told Xinhua. ...
consumer price inflation 消费品物价膨胀 相似单词 US abbr. 美国 (United States) Us n. 美国; int. 我们; us pron. 1.我们 US$ 美元系U.S.A. dollar、U.S. dollar或American dollar的缩写,一般口语上称作buck,通用于美国(U.S.A.)、美属萨摩亚群岛(American Samoa)、 consumer n. 消费者,顾...
On Wednesday, the government said its consumer price index soared 6.2% from a year ago — the biggest 12-month jump since 1990. “It’s a large blow against the transitory narrative,’’ said Jason Furman, who served as the top economic adviser in the Obama administration. “Inflation is ...