Airfare Prices Fall, Helping Bring Down Overall Inflation
Ticket prices are subject to several idiosyncratic factors, but they have eased markedly since last summer’s surge in demand.
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates United States Economy
Inflation Cools Sharply in June, Good News for Consumers and the Fed
The Consumer Price Index moderated considerably in June compared with a year earlier, offering relief to Americans after two years of rapid inflation.
Posted inBiden, Joseph R Jr Inflation (Economics) United States Economy United States Politics and Government
Biden Touts ‘Bidenomics in Action’ as Inflation Eases
The White House has been making the case that the president’s policies have kept the economy on a steady path and maintained a healthy labor market.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs United States Economy
The June Payrolls Report Probably Doesn’t Change Much for the Fed
How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.