Category: Inflation (Economics)

Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared

Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information.
Japan Raises Interest Rates for First Time in 17 Years

Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts

Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.
Insurance Costs Are Pushing Up Overall Inflation

Insurance costs are on the rise for various reasons, adding to overall inflation.
The jobs report comes as the Fed considers the timing of interest rate cuts.

The Federal Reserve is primarily watching progress on inflation as it contemplates its next steps, but it is also keeping an eye on the labor market.
European Central Bank, Citing Wage Growth, Keeps Rates Steady

Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in the central bank’s history.
In State of the Union, Biden Will Cheer the Economy and Draw a Contrast With Trump

Allies are pushing the president to do more to sell skeptical voters on his economic record and to attack his likely Republican rival on tax policy.
Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet

Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.
Inflation Fears Stalk Presidential Politics and the Markets

Lawmakers on Capitol Hill are set to grill Jay Powell, the Fed chair, about interest rates and the economy, topics that are top of mind for voters and investors alike.
Brighter Economic Mood Isn’t Translating Into Support for Biden

Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.
Eurozone Inflation, Continuing to Ease, Rose 2.6% in February

Prices in the countries that use the euro trended downward in February. But the European Central Bank remains cautious about lowering interest rates.
Shrinkflation 101: The Economics of Smaller Groceries

Have you noticed your grocery products shrinking? Here’s how that gets counted — and what gets missed — in inflation data.