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inflation

The Fed’s preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing

The personal consumption expenditures price index inflation gauge was expected to increase 4.9% from a year ago, according to Dow Jones estimates. Source link...

Fed minutes point to more rate hikes that go further than the market anticipates

Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a...

Americans were worried about the economy even before inflation exploded, Fed survey shows

A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker...

Emergency savings take a hit as households adjust their finances amid high inflation, study shows

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for...

European Central Bank member says to expect first rate hikes this summer

Joachim Nagel, Germany's central bank governor and ECB member, shares his latest thoughts on inflation and the possibility of rate hikes in the...

Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences

Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach.He warns the U.S. is on a dangerous path that...

House Democrats push for state and local taxes relief in appropriations bill

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April...

UK inflation jumps to 40-year high of 9% as food and energy prices spiral

The U.K.'s Office for National Statistics said its estimates suggest that inflation would have last been higher "sometime around 1982."Justin Tallis | Afp...

Inflation is the ‘top problem’ facing America, with no other issue coming close, survey shows

A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022.David Paul Morris | Bloomberg | Getty ImagesMeanwhile, President...

Americans can expect to pay a lot more for medical care in retirement

Lisafx | Istock | Getty ImagesA 65-year-old couple retiring this year can expect to spend an average of $315,000 in health-care and medical...

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