Retail Sales Surge as Prices Rise and Shoppers Keep Buying
Consumer spending jumped in January, which was good news for retailers but could weigh on the Federal Reserve’s efforts to tame rapid inflation.
U.K. Inflation Eases to 10.1 Percent, but Food Prices Push Higher
January was the third month of declines in the inflation rate, but the double-digit increase shows Britain’s cost-of-living crisis persisting.
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) Supply Chain United States Economy Wages and Salaries
Inflation Cooled Just Slightly, With Worrying Details
Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy
Stocks Slip as Inflation Story Gets More Complicated
The prospect of a drop in the pace of inflation has recently boosted hopes that the Federal Reserve will soon stop increasing interest rates.