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U.S. inflation picked up moderately in August, with prices up 2.9% from a year earlier. The Federal Reserve next meets Sept.
The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say.
The data raises the specter of “stagflation,” a trend that last bedeviled the U.S. economy in the 1970s. The term refers to a ...
A 0.3% increase in CPI is unlikely to stop the Fed from cutting rates, given evidence of cooling activity and a stalling jobs ...
The inflation rate has stubbornly refused to fall to the Fed's goal of 2%. Costco's business model makes it less sensitive to inflation than other retailers. The stock fell in line with the broad ...
The average rate on 30-year fixed home loans was 6.35% for the week ending Sept. 11, down from 6.5% the previous week and an ...
Meanwhile, the typical price of a home has fallen in recent months. The median sales price of a home in the U.S. registered ...
Inflation may have cooled off from its peak of around 9% in 2022, but the beast has not been fully tamed. The Federal Reserve is aiming for a 2% inflation rate, and the central bank has resisted ...