The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ...
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