by Joseph Lingad | Mar 13, 2023 | Consumer Price Index, Economy
Inflation cooled slightly in January, but not enough for the Federal Reserve Board to reconsider its plan to continue to raise interest rates anytime soon. The consumer-price index, which measures the price change for a basket of goods and services of the average...
by Divya Murthy | Feb 19, 2023 | Consumer Price Index, Economy, Retail Sales
Photo by Heidi Fin on Unsplash U.S. retail sales bounced back at the start of the year, a sign of consumers’ faith in the economy even in the face of inflationary pressures and the low-hum of recession fears: People are shopping. People are going out to eat....
by Jessica Lerner | May 11, 2021 | Consumer Price Index, Economy
The April report for the Consumer Price Index – a widely used measure of inflation and by proxy, of the effectiveness of the government’s economic policy – is expected to rise by the most in a decade as the base effect from last year’s pandemic collapse reaches its...
by Jessica Lerner | Apr 15, 2021 | Consumer Price Index, Economy, Featured
Consumer prices surged in March, intensifying fears of inflation as the country’s economy recovers from the novel coronavirus pandemic. The consumer price index jumped 0.6% from the previous month, in part, due to rising gasoline prices, data released by the Bureau of...
by Jessica Lerner | Mar 17, 2021 | Consumer Price Index, Economy, Oil and Gas
U.S. consumer prices rose in February at the fastest pace in six months, mainly due to surging gasoline prices, but underlying inflation remained flat. The consumer price index increased up by 0.4% from the previous month, data released from the Bureau of Labor...
by Minji Koo | Apr 9, 2020 | Consumer Price Index, Economy
The Bureau of Labor Statistics will release its measure of the March average of prices of a basket of consumer goods, such as food, housing, and medical care on Friday. Economists predict that the consumer price will drop 0.3%, the first decline since -0.1% in March...
