Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
9hon MSN
4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, ...
Inflation is rising, and unchanged interest rates may stall growth. Read why higher inflation and tariffs suggest caution for ...
Gold prices also tend to rise when inflation accelerates. Because investors flock to gold during periods of economic instability, increasing demand tends to drive up its value. This trend makes gold ...
Brazil's government on Thursday cut its economic growth forecast for this year to 2.3% amid ongoing monetary tightening and ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
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