Inflation (Economics) – Page 92

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.

By Jeanna Smialek

Health Insurance and Managed Care Inflation (Economics) Prices (Fares, Fees and Rates)

Insurance Costs Are Pushing Up Overall Inflation

Insurance costs are on the rise for various reasons, adding to overall inflation.

By Jeanna Smialek

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

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.

By Jeanna Smialek

Europe European Central Bank Inflation (Economics) Interest Rates Lagarde, Christine

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.

By Eshe Nelson