inflation News Updates

GovernmentBusiness

Retail Sales Slip in October With Holiday Season Ahead

Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars.

November 15, 2023
GovernmentBusiness

Inflation Eased Slightly in September

WASHINGTON — Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace.

October 12, 2023
GovernmentBusiness

Inflation Rises for First Time in a Year to 3.2% Rate

WASHINGTON — Inflation rose in July after 12 straight months of declines, boosted by costlier housing. But core inflation matched the smallest monthly increase in nearly two years.

August 10, 2023
GovernmentBusiness

Inflation Falls to 3% in June, Lowest in Two Years

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier.

July 12, 2023
GovernmentBusiness

Key Inflation Gauge Hits Two-Year Low in May

An inflation index that is closely monitored by the Federal Reserve tumbled in May to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.

June 30, 2023
GovernmentBusiness

Consumer Price Growth Slows in May

WASHINGTON — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation.

June 13, 2023
GovernmentBusiness

Consumer Long-Term Inflation Expectations Hit 12-Year High

U.S. long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting growing concerns about the economic outlook.

May 12, 2023
GovernmentBusiness

High Consumer Prices, Inflation Pressures Persist in April

WASHINGTON — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that declines in inflation are likely to be slow and bumpy.

May 10, 2023
GovernmentBusiness

Fed Raises Key Rate Again, but Hints at Possible Pause

The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.

May 3, 2023
GovernmentBusiness

Fed’s Key Inflation Gauge Stayed High in March

WASHINGTON — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated in March, keeping the Fed on track to raise interest rates in May.

April 28, 2023

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