Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
Category: Inflation (Economics)
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Price Pendulum Swings Back to Discounts, Within Limits
The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
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Bacon, Banter and the Business of a Diner
“I try to make people feel good.” How one New Jersey diner keeps the doors open.
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PCE Inflation, the Fed’s Preferred Gauge, Remained Flat in April
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Inflation Remains Steady, With Signs of Further Cooling
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Inflation Ticks Up in the Eurozone
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.
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Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
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GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
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Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted as Inflation.
Skyrocketing premiums are hitting homeowners hard, but they barely factor into common price measures.
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Fed Minutes Show Officials Were Wary About Inflation at May Meeting
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.
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U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.