Fed likely to wait on another rate hike
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The Consumer Price Index for September will show how high energy costs and import demand are affecting the inflation rate.
U.S. consumer prices were up 3.7% while workers' paychecks rose 3% over the year in September, the Labor Department said.
Prospective homebuyers finally received some encouraging inflation news this week. After months of stubborn price growth, the latest inflation report offered another sign that some of those pressures may be easing. The Consumer Price Index rose 3.4% ...
The energy shock is slowly transforming into an “everything shock,” and it’s showing up in the data, the Heritage Foundation’s E.J. Antoni writes.
You're currently following this author! Click to unsubscribe from email alerts. Inflation is rearing its ugly head once again with a hotter than expected data release. The Bureau of Labor Statistics published the new consumer price index report, in which ...
Americans are frustrated with today’s high cost of living, especially fuel prices. Although incomes rose faster than prices last year, it’s been the opposite since February. The only good news is that this inflation will subside when overseas conflicts are resolved, but there is likely more pain to come for consumers until then.
