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With inflation rising and hiring slowing, a dreaded word is back in the conversation: “stagflation.” Widely seen as a nightmare economic scenario, it’s the rare double blow of rising prices and weak ...
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according to a Commerce Department report Friday. The personal ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Inflation rose more than expected to 3.8 per cent in the year to July, according to figures released by the Office for National Statistics (ONS) on Wednesday. The Consumer Prices Index (CPI) measure ...
Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...
Inflation rose in March at a slower pace than expected but remained well above the Federal Reserve's goal as the central bank prepares to monitor the impact of tariffs on consumer prices in the weeks ...
Now that Mr Trump’s tariffs have taken effect, economists have mostly expected inflation to drift upwards as businesses run low on pre-tariff stockpiles. Surprisingly, that shift has not yet ...
Wholesale inflation spiked in July, a possible sign that import tariffs are starting to be felt in the costs paid by businesses, the Labor Department reported on Thursday. The producer price index ...