Housing and insurance costs remain stubbornly high, keeping monthly bills elevated even as overall inflation cools. Food prices have stopped rising ...
The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...
What happened to those “short-term” price increases from the pandemic? From 2021 to 2023, Canadians were told that prices jumped largely because of supply-chain bottlenecks, government spending on ...
Preparing a Thanksgiving dinner this year will cost less than it did last year, but is still significantly more than it was before the COVID-19 pandemic, new research has shown. The average cost of a ...
A Federal Reserve Governor urged policymakers to complicate the relationship between inflation and unemployment in the 2025 Whittington Lecture at the Georgetown University McCourt School of Public ...
Wages still trail inflation, but the gap has narrowed to 1.2 points from a peak of 4.8 in 2022. Since 2021, prices are up 22.7% vs. a 21.5% rise in wages. Only a few sectors—retail, health care, ...
Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
Inflation ticked up in December on the back of higher energy and food prices, the Bureau of Labor Statistics reported Wednesday. The bureau's consumer price index, an inflation gauge, rose 2.9% during ...
Inflation ticked up in December on the back of higher energy and food prices, the Bureau of Labor Statistics reported Wednesday. Stream Connecticut News for free, 24/7, wherever you are. The bureau's ...