inflation
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PublishedJuly 14, 2022
Commentary: If pols can’t make inflation better, they should at least stop making it worse
There's a time for cutting taxes or distributing relief checks. Now is not one of those times.
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PublishedJuly 13, 2022
Why inflation is so high, and when it might ease
But relief from higher prices might be coming.
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PublishedJuly 13, 2022
U.S. inflation surged again in June, raising risks for economy
Lower-income and Black and Hispanic Americans have been hit especially hard.
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PublishedJune 26, 2022
Did corporate greed fuel inflation? It’s not biggest culprit
Most economists say corporate price gouging is, at most, one of many causes of runaway inflation – and not the primary one.
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PublishedJune 22, 2022
Chairman Powell says Fed aiming to avoid recession while taming inflation
He tells senators that the Federal Reserve's primary goal is to reduce inflation, and he still hopes to achieve what he has called a 'soft landing' – a reduction in inflation and a slowdown in growth without triggering a recession and high unemployment.
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PublishedJune 21, 2022
Fed’s Powell facing rising criticism for inflation missteps
Struggling to curb the worst inflation outbreak in 3 decades, Federal Reserve Chair Jerome Powell last week engineered a three-quarters-of-a-point increase in the Fed's short-term interest rate — the largest single rate hike in a quarter-century.
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PublishedJune 15, 2022
Stocks rally after Fed’s big rate hike to fight inflation
The market’s ebullience is a sharp turnaround from the worldwide rout that has dominated much of this year.
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PublishedJune 15, 2022
Fed attacks inflation with its largest interest rate hike since 1994
The move the Federal Reserve announced on Wednesday will increase its benchmark short-term rate, which affects many consumer and business loans, to a range of 1.5% to 1.75%.
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PublishedJune 10, 2022
As gas prices pass $5 a gallon, Maine lawmakers seek probe into price gouging
The average price for a gallon of regular gasoline in Maine was $5.06 on Friday, with Franklin County reporting the highest countywide average at $5.16.
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PublishedJune 9, 2022
Biden’s inflation crunch: Too much shopping – even at the beach
The president needs U.S. consumers to pull back just enough so inflation eases, but not so much that the economy risks plunging into a recession.
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