inflation
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PublishedDecember 4, 2022
From chicken wings to used cars, inflation begins to ease its grip
The Fed has been raising interest rates sharply since March in a bid to get inflation back to its 2% price stability target.
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PublishedDecember 1, 2022
An inflation gauge tracked by the Fed slows to still-high 6%
Consumers spent more in October, even after adjusting for inflation, a sign of their continued willingness to keep spending in the face of high prices.
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PublishedNovember 30, 2022
Fed to keep rates higher for longer to cut inflation, chairman Powell says
Federal Reserve chief Chair Jerome Powell also signals that the Fed may increase its key interest rate by a smaller increment at its December meeting, only a half-point, after 4 straight three-quarter point hikes.
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PublishedNovember 29, 2022
Many people expect a recession. Could the economy avoid one?
Ever since the Fed started aggressively hiking interest rates in March, crucial pillars of the economy have stayed remarkably strong.
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PublishedNovember 27, 2022
Even with inflation, eating vegan is still a bargain
Plus, the health benefits of not eating meat will save you more money – and buy you more time.
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PublishedNovember 25, 2022
Inflation hovers over shoppers seeking deals on Black Friday
Shoppers were being more selective, selecting cheaper options, dipping more into savings and turning to “buy now, pay later” services that allow payment in installments.
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PublishedNovember 18, 2022
Foot Locker soars as sneaker demand holds up against inflation
The company is in the process of revamping its assortment of merchandise as Nike Inc. shifts its products away from retailers.
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PublishedNovember 17, 2022
Thanksgiving feast will cost 20% more this year as stuffing breaks the bank
The biggest bump is for stuffing, up 69%, due to the Russian invasion of Ukraine causing a shortage of flour.
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PublishedNovember 15, 2022
U.S. wholesale inflation eases to 8%, its 4th straight slowdown
The figures came in lower than economists expected and make it more likely that the Federal Reserve will increase its benchmark interest rate in smaller increments.
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PublishedNovember 13, 2022
Abortion bumped inflation to the back burner
Anti-abortion advocates pointed to a dozen Republican governors who have signed anti-abortion legislation and won reelection by wide margins.
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