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The confidence of American consumers rebounded this month to end the year on a high note despite high inflation.
Tagged with: consumer confidence inflation
Read More »Consumer confidence bounces back, ending year on high note
Christmas tree demand remains high despite inflation
For all the worries about inflation and the economy, Americans aren’t scrimping on a centerpiece of many celebrations this holiday season: the Christmas tree.
Tagged with: holidays inflation
Read More »Inflation dampens otherwise bright small biz holiday season
Small retailers say this year is still far from “normal” because decades-high inflation is forcing them to raise prices and making shoppers rein in spending.
Tagged with: inflation shopping
Read More »Recession a growing fear as Fed plans to keep rates high
After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed.
Tagged with: federal reserve inflation
Read More »Retail sales drop at start of key holiday shopping season
Americans cut back sharply on retail spending last month as the holiday shopping season began.
Tagged with: inflation Retail shopping
Read More »Why doesn’t the Federal Reserve target another number?
What’s so special about the number 2? Quite a lot, if you’re a central banker – and that number is followed by a percent sign. That’s been the de facto or official target inflation rate for the Federal Reserve, the ...
Tagged with: federal reserve inflation Veronika Dolar
Read More »Fed raises key rate by half-point and signals more to come
The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year.
Tagged with: federal reserve inflation
Read More »Slowdown in inflation eases some pressure on households
Inflation in the United States slowed again last month in the latest sign that price increases are cooling.
Tagged with: inflation
Read More »Inflation gauge tracked by the Fed slows to still-high 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October.
Tagged with: federal reserve inflation
Read More »Powell: Fed to keep rates higher for longer to cut inflation
The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said.
Tagged with: federal reserve inflation
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