Signs of China easing its pandemic restrictions appeared to bolster stocks, adding to investors’ bullishness about cooling inflation in the United States.
Category: Consumer Price Index
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Biden Touts Cooling Inflation, Citing Economic Policies
The president took credit for signs that rapid price rises were moderating, after spending months on the defensive about his handling of the economy.
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Takeaways From a Hopeful Inflation Report
The Consumer Price Index in October showed that inflation remained rapid, but there were some hopeful signs under the surface.
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Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly
The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.
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IRS Releases Inflation-Adjusted Tax Rates for 2023
Filers whose salaries have not kept pace with inflation could see savings on their federal income tax bills.
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The Fed, Staring Down Two Big Choices, Charts an Aggressive Path
Federal Reserve officials are barreling toward another three-quarter-point increase in November, and they may decide to do more next year.
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The Week in Business: Prices Keep Climbing
But there will be some relief for the millions of people dependent on Social Security. And a report on how much the housing market is slowing.
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Markets Plunge After High CPI Inflation Reading
Stocks initially tumbled, then rebounded sharply after a report that signaled the Fed would continue raising interest rates aggressively.
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Takeaways From Another Painful CPI Inflation Report
Here’s what to know from the Consumer Price Index report for September.
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Last Inflation Report Before Midterms Tests Stock Market
Higher-than-expected inflation data gave cold comfort to policymakers and investors alike.