by Sharif Paget | Mar 18, 2018 | Autos, Consumer Price Index, Economy, Jobs, Newest
Investors breathed a sigh of relief after February’s small increase in consumer prices were released, easing concerns over inflation and faster interest rate hikes by the Federal Reserve. The consumer price index rose by 0.2 percent, right in line with economist...
by Annie Nova | Apr 13, 2017 | Consumer Price Index, Economy, Newest, Personal Income
The Labor Department on Friday releases its Consumer Price Index, a measure of what Americans pay for everything from shoes to rent. The Federal Reserve considers this measure of inflation along with the Labor Department’s monthly jobs report in its decision on...
by Annie Nova | Mar 21, 2017 | Consumer Price Index, Economy, Newest
A steady rise in inflation pushed the Federal Reserve on Wednesday to lift interest rates, triggering financial markets to shrug but consumers to gear up for a more expensive life. The economic indicator largely responsible for the Fed’s decision to raise interest...
by Annie Nova | Mar 1, 2017 | Consumer Price Index, Economy, Newest
After years of slow growth, consumer prices in January rose at the quickest pace in four years, putting The Federal Reserve in the spotlight to raise interest rates soon. The consumer price index, which measures the fluctuations in costs for everything from wine to...