Inflation (Economics) – Page 132

European Central Bank Raises Rates for a 10th Time

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.

By Eshe Nelson

Consumer Behavior Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H United States Economy

Inflation speeds up as gas prices climb, and some details could keep the Fed wary.

The Federal Reserve is likely to closely parse the inflation report released Wednesday, the last major data point before its Sept. 20 rate decision.

By Jeanna Smialek

Biden, Joseph R Jr Inflation (Economics) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) United States Economy

Rising Gas Prices Provide Fodder for Republican Criticism of Biden

An expected jump in the latest inflation reading will almost certainly provoke broadsides from Republicans who hammered Mr. Biden over high gas prices throughout last summer.

By Jim Tankersley

Census Bureau Health Insurance and Managed Care Income Inflation (Economics) Poverty Stimulus (Economic) Tax Credits, Deductions and Exemptions United States Economy

Poverty Rate Soared in 2022 as Aid Ended and Prices Rose

The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580.

By Ben Casselman and Lydia DePillis