Inflation spikes to 3.5 percent in March as Iran war drove prices higher

Prices grew at a far more rapid rate in March as the war in Iran drove a significant increase in inflation, according to data released Thursday by the Commerce Department. The annual inflation

Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve. The core personal consumption expenditures price index, which excludes food and energy,

Inflation erodes home values for ninth straight month

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Fox Business

Fed's favored inflation gauge showed consumer price growth remained elevated in December

The Federal Reserve's preferred inflation gauge remained elevated in December as price pressures continued to pose a challenge for consumers. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.4% in ...
Opinion

10-year Treasury yield hovers near 4.3% after oil price gain, sticky inflation data

The 10-year Treasury yield was little changed on Thursday as oil prices rallied and investors digested a number of key data releases.
AOL

Sticky new inflation data expected to keep Fed on hold

A new reading on the Federal Reserve's preferred inflation gauge showed prices remained sticky in December, likely leading the central bank to hold interest rates steady. The Personal Consumption Expenditures (PCE) index on a "core" basis, which excludes ...

Warsh's quest for better inflation data is a well-worn, difficult pursuit for Fed

By Howard Schneider WASHINGTON, April 24 (Reuters) - Federal Reserve Chair nominee Kevin Warsh has called for a major rethink of how to measure inflation, but he may have less trouble finding new ideas at the central bank than in choosing from an expanding set of alternate models,

Learn why tomorrow's inflation data could be important for you in just three minutes

There are some key moments coming up for the Australian economy and they could make a big difference to your bank account. Emily Stewart — aka Sensible Emily — is here to help you understand what to look out for.
AOL

Inflation is lower, but consumers are still struggling

Over the past two years, the Federal Reserve has largely reigned in inflation. The Consumer Price Index (CPI) has moderated from 9.1% to 2.4%, putting the Fed’s 2% inflation target within reach. While it sounds like a victory, headline CPI numbers don ...
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Food inflation spiked 7.3% in January. Here's what's driving the increase

OTTAWA — Statistics Canada reported an easing in the headline inflation rate Tuesday but a jump in the pace of food inflation amid tax changes and lingering pressures at the grocery store continue to put the squeeze on consumers. StatCan said Tuesday ...

Euro zone inflation jumps to 3% as economic growth almost stalls

Inflation jumped in April while the euro zone economy expanded a meager 0.1% in the first quarter of the year, data showed on Thursday.