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What Is Inflation?
The most common measure of U.S. inflation is the Department of Labor's Consumer Price Index (CPI), which uses a representative basket of goods and services to determine trends in prices over time.
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US inflation rises to 2.9%, far above Fed’s target. Bitcoin is in major trouble
The latest Consumer Price Index (CPI) figures for December have rattled markets, throwing the Federal Reserve’s inflation strategy into question. The U.S. Department of Labor reported a 0.4% increase ...
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut ...
The US economy just had another robust year
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald ...
US inflation ticks up again — but Dow surges as key Fed gauge dips
US consumer prices showed no signs of cooling in December amid higher costs for energy goods, but the Federal Reserve’s preferred inflation gauge dipped — leading to a rally on Wall Street as ...
One chart shows that low-income Americans get hit hardest by inflation
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
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US consumer inflation rises to 2.9 percent in December
US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement. This was in line with the median forecast of economists ...
Federal Reserve holds interest rates steady amid inflation uncertainty
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
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US consumer inflation rises for third straight month in December
US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. This was in line with the median forecast ...