Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
And, compared to February 2020, before the pandemic, Americans paid 27% more for groceries in November. Trump mentioned “an old ... Trump used an August press conference to draw attention to food ...
The Federal Open Market Committee started cutting interest rates in September and that process looks set to continue.
President-elect Trump's victory will have a direct impact on how much the Federal Open Market Committee will cut short-term ...
Ukraine has prepared a budget with a record deficit for two years in a row and expects to cover most of this deficit with aid from Western partners ...
U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio management fees and airline fares offered hope that the disinflationary trend ...
Higher food prices pushed up the November wholesale inflation reading, which came in hotter than economists had expected. Surging prices of fruits, vegetables and eggs drove wholesale food costs up ...
“The index for shelter rose 0.3% in November, accounting for nearly forty percent of the monthly all items increase,” BLS ...
Trump told Time magazine that lowering grocery prices is "very hard," after saying that he won partially because of high food ...
Trump is right that it’s very hard to achieve across-the-board price reductions. Curbing inflation is only a matter of ...
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.
U.S. producer prices rose more than expected in November amid a surge in the cost of food, but a moderation in the prices of ...