Category: Inflation (Economics)

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.
A Key Inflation Measure Moderated in January

The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher.
Auto Insurance Spike Hampers the Inflation Fight

Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.
The F.T.C. Boosts Biden’s Fight Against Inflation

The regulator’s move to block Kroger’s $25 billion bid for Albertsons could win the president points with voters squeezed by rising prices.
An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation

With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.
Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?

Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.