Consumer Price Index – Page 21

Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.

By Jeanna Smialek

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The Week in Business: Labor Actions Sweep Britain

The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets.

By Marie Solis

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The Fed’s Preferred Inflation Gauge Slowed in October

A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.

By Jeanna Smialek

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Markets Edge Higher at End of a Strong Week

Signs of China easing its pandemic restrictions appeared to bolster stocks, adding to investors’ bullishness about cooling inflation in the United States.

By Joe Rennison