What To Know About June’s Inflation Report

The Consumer Price Index soared to 9.1 percent, a bigger-than-expected increase and the highest since 1981.

#consumer-price-index, #inflation-economics, #prices-fares-fees-and-rates

Relief Eludes Many Renters as Fed Raises Interest Rates

As the central bank sharply increases borrowing costs, it could lock would-be home buyers into rentals and keep a hot market under pressure.

#affordable-housing, #building-construction, #consumer-price-index, #federal-reserve-system, #inflation-economics, #renting-and-leasing-real-estate, #united-states-economy

Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase

The Federal Reserve is trying to cool down the economy to bring inflation under control, but the job market is still going strong.

#consumer-price-index, #economic-conditions-and-trends, #federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #recession-and-depression, #united-states-economy, #wages-and-salaries, #williams-john-c

Fed officials, spooked by data, fretted in June about inflation becoming entrenched.

Central bankers raised rates by the most since 1994 last month, and minutes from the gathering explained their logic.

#banking-and-financial-institutions, #consumer-price-index, #credit-and-debt, #federal-reserve-system, #government-bonds, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #united-states-economy, #wages-and-salaries

Wall Street Has Its Worst Week Since March 2020

The selling was fueled by persistently high inflation and fears that the Fed’s efforts to tame it with higher interest rates will choke growth.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #recession-and-depression, #standardpoors-500-stock-index, #stocks-and-bonds

The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation

Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.

#consumer-price-index, #credit-and-debt, #federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy

Inflation Isn’t Going to Bring Back the 1970s

The Federal Reserve has the tools that it needs. Now it should use them.

#burns-arthur-f, #consumer-price-index, #credit-and-debt, #federal-reserve-system, #inflation-economics, #interest-rates, #martin-william-mcchesney, #nixon-richard-milhous, #powell-jerome-h, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy, #volcker-paul-a

Inflation in the United States: What You Need to Know

Inflation is a tricky problem, but it has a few clear causes and consequences, and policymakers are working to bring it to heel.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #price-gouging, #prices-fares-fees-and-rates, #recession-and-depression, #supply-chain, #united-states, #united-states-economy

Inflation Sped Up Again in May, Dashing Hopes for Relief

The Consumer Price Index picked up by 8.6 percent, as price increases climbed at the fastest pace in more than 40 years.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #united-states-economy

An ‘Ugly’ Inflation Report Upended Hopes That Price Gains Would Ease

Investors and economists had expected to see some moderation in inflation. Instead, prices accelerated again in May, delivering an unwanted surprise.

#consumer-price-index, #inflation-economics, #supply-chain, #united-states-economy, #united-states-politics-and-government

The Perverse Politics of Inflation

Voters blame presidents for things they can’t control.

#biden-joseph-r-jr, #consumer-price-index, #democratic-party, #economic-conditions-and-trends, #inflation-economics, #oil-petroleum-and-gasoline, #price-gouging, #prices-fares-fees-and-rates, #united-states-economy

Why Has the CPI Inflation Calculation Changed Over Time?

As prices soar, some critics are raising doubts about the official inflation figures. But many economists say the figures are an accurate snapshot of rising prices.

#bureau-of-labor-statistics, #consumer-price-index, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #united-states-economy

How Do Higher Interest Rates Bring Down Inflation?

Our columnist is responding to readers’ questions. This week, he focuses on inflation, with the help of a bond maven and a Nobel laureate.

#consumer-price-index, #content-type-service, #credit-and-debt, #federal-reserve-system, #inflation-economics, #interest-rates, #jones-kathy, #personal-finances, #phelps-edmund-s, #stocks-and-bonds, #treasury-department, #united-states-economy

U.S. Inflation Is Still Climbing Rapidly

Inflation data showed a slowdown in annual price increases in April, but a closely watched monthly price measure continues to rise at an uncomfortably brisk rate.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #prices-fares-fees-and-rates, #united-states-economy

Food prices rose again in April, with increases in the cost of eggs, cereal and other products.

#consumer-price-index, #food, #food-insecurity, #prices-fares-fees-and-rates, #shortages

Rising food prices drive German inflation to a second consecutive record.

Germany saw consumer prices rise 7.8 percent in April, as compared with a year ago, driven by high food and energy prices pushed up by the war in Ukraine.

#consumer-price-index, #economic-conditions-and-trends, #europe, #germany, #inflation-economics, #interest-rates, #lagarde-christine, #nagel-joachim, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022

Inflation Complicates Return to Office Plans

The cost of a daily routine — travel, coffee, food — is far pricier than it was when offices shut down two years ago.

#consumer-price-index, #coronavirus-return-to-office, #employee-fringe-benefits, #inflation-economics, #labor-and-jobs, #prices-fares-fees-and-rates, #wages-and-salaries, #workplace-environment

To Stop Inflation, Will We Need to Engineer a Recession?

Raising interest rates will pour cold water on an economy many believe is overheated — but at the risk of triggering a downturn.

#consumer-price-index, #debatable, #inflation-economics, #powell-jerome-h, #real-estate-and-housing-residential, #summers-lawrence-h, #unemployment

Inflation Hits Fastest Pace Since 1981, at 8.5% Through March

Gasoline weighed heavily in the increases, while prices moderated in several categories. Some economists say the overall rate may have peaked.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #united-states-economy

Prices Are High, but Inflation Is Dropping. (Don’t Get Too Excited.)

The bullwhip is flicking back.

#consumer-price-index, #economics-theory-and-philosophy, #inflation-economics, #internal-sub-only-nl, #international-trade-and-world-market, #labor-and-jobs, #prices-fares-fees-and-rates, #supply-chain, #united-states-economy, #wages-and-salaries

Few Cars, Lots of Customers: Why Autos Are an Inflation Risk

Economists are betting that supply chains for all kinds of goods will heal, shortages will ease and price gains will slow. Cars are a wild card in those forecasts.

#automobiles, #computer-chips, #consumer-price-index, #coronavirus-2019-ncov, #federal-reserve-system, #inflation-economics, #prices-fares-fees-and-rates, #shortages, #shutdowns-institutional, #supply-chain, #united-states-economy, #used-cars

The Personal Consumption Expenditure Index Climed 6.4 Percent in February

Prices climbed at the fastest pace in four decades over the past year. While economists expect a slowdown, it has yet to materialize.

#consumer-price-index, #economic-conditions-and-trends, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #personal-consumption-expenditures, #prices-fares-fees-and-rates, #united-states-economy, #united-states-politics-and-government, #wages-and-salaries

Bond Market Unsettled by Inflation Worries

The usually sedate bond market has been unsettled by worries about inflation, the Federal Reserve’s interest rate increases and even the possibility of a recession.

#consumer-price-index, #federal-open-market-committee, #government-bonds, #inflation-economics, #interest-rates, #powell-jerome-h, #russian-invasion-of-ukraine-2022, #stocks-and-bonds, #volcker-paul-a

Federal Reserve Walks a Tightrope Between Inflation and Recession

American consumers already have high inflation. Because of the oil price shock and Russia’s war, the odds of a recession have increased, too.

#china, #consumer-price-index, #credit-and-debt, #eastern-europe, #federal-open-market-committee, #federal-reserve-system, #inflation-economics, #interest-rates, #powell-jerome-h, #prices-fares-fees-and-rates, #recession-and-depression, #russian-invasion-of-ukraine-2022, #supply-chain, #united-states-economy

Inflation Rises to 7.9 Percent for February 2022

Consumer Price Index inflation has been boosted by gas prices but also by increases across a wide variety of products and services.

#consumer-price-index, #economic-conditions-and-trends, #federal-reserve-system, #inflation-economics, #powell-jerome-h, #prices-fares-fees-and-rates, #united-states, #united-states-economy

Russia’s War in Ukraine Raises Gas Prices and Unsettles Stocks

The price of gasoline is climbing and the markets are adjusting to gloomier prospects as the war in Ukraine grinds on.

#consumer-price-index, #inflation-economics, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #united-states-economy

How a Ban Russian Oil Imports Could Affect the U.S. Economy

The White House is stopping Russian energy imports as the country wages war on Ukraine, which could push American gas prices even higher.

#biden-joseph-r-jr, #consumer-price-index, #economic-conditions-and-trends, #embargoes-and-sanctions, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #united-states-economy

Gas Prices in U.S. Climb Above $4 a Gallon

The national average price on Sunday was $4.009 a gallon, approaching a record set in 2008.

#consumer-price-index, #inflation-economics, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022

January Fed Minutes Show Concern About Inflation’s Spread

Minutes from the Federal Reserve’s meeting in January reflected ongoing concern about prices rising across the economy.

#banking-and-financial-institutions, #consumer-price-index, #daly-mary-c, #federal-reserve-bank-of-san-francisco, #federal-reserve-system, #government-bonds, #inflation-economics, #interest-rates, #powell-jerome-h, #prices-fares-fees-and-rates

The 10-year Treasury note hits 2% for the first time since July 2019.

The latest data on consumer prices pushed yields higher, but the gap between inflation rates and bond returns remains wide.

#consumer-price-index, #federal-reserve-system, #government-bonds, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #stocks-and-bonds, #united-states-economy

CPI Inflation Climbed 7.5 Percent in January, the Fastest Rise Since 1982

Consumer Price Index data show that prices climbed over the past year more rapidly than economists expected. On a monthly basis, prices rose 0.6 percent.

#automobiles, #chipotle-mexican-grill-inc, #consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #united-states-economy, #wages-and-salaries

Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy

The White House is emphasizing that inflation is worldwide. Economists say that’s true — but stimulus-spurred consumer buying is also to blame.

#biden-joseph-r-jr, #consumer-behavior, #consumer-price-index, #coronavirus-2019-ncov, #economic-conditions-and-trends, #federal-reserve-system, #inflation-economics, #international-trade-and-world-market, #prices-fares-fees-and-rates, #stimulus-economic, #supply-chain, #united-states, #united-states-economy

CPI December 2021: Inflation Jumped at Fastest Pace Since 1982

The Consumer Price Index increased at the fastest pace in 40 years, a new report showed.

#automobiles, #consumer-price-index, #federal-reserve-system, #inflation-economics, #powell-jerome-h, #prices-fares-fees-and-rates, #shortages, #supply-chain, #united-states-economy

Supply Chain Snags Continued to Drive Up Inflation in December

The surge in coronavirus cases is idling workers at ports and trucking companies, while strong consumer demand continues to drive up the cost of shipping and energy.

#buttigieg-pete-1982, #consumer-price-index, #coronavirus-omicron-variant, #international-trade-and-world-market, #ports, #prices-fares-fees-and-rates, #ships-and-shipping, #supply-chain, #transportation-department-us

Housing Costs Swell, Hampering Home Buyers and Pushing Up Rents

Rent costs, a key component of inflation, surged 0.4 percent in December, putting pressure on the Federal Reserve to tamp down rising prices.

#consumer-price-index, #inflation-economics, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #supply-chain

The Missing Data in the Inflation Debate

Until we know how price spikes affect the poor, we won’t see their real impact.

#consumer-price-index, #income, #income-inequality, #inflation-economics, #interest-rates, #powell-jerome-h, #united-states-economy

Fighting Inflation Means Taking On Corporations

Easing spiking prices will take more than raising interest rates.

#benenson-joel, #biden-joseph-r-jr, #carter-jimmy, #consumer-price-index, #ford-gerald-rudolph-jr, #inflation-economics, #interest-rates, #johnson-lyndon-baines, #martin-william-mcchesney, #presidents-and-presidency-us, #prices-fares-fees-and-rates, #united-states-economy

The Year of Inflation Infamy

Maybe the real takeaway should be how little we know about where we are in this strange economic episode.

#american-rescue-plan-2021, #consumer-behavior, #consumer-price-index, #coronavirus-2019-ncov, #economic-conditions-and-trends, #inflation-economics, #interest-rates, #unemployment, #united-states-economy

What Causes Inflation and Should I Worry About It?

What is inflation, why is it up, and who does it hurt? A run through common questions about the ongoing price burst.

#consumer-price-index, #federal-reserve-system, #hitler-adolf, #income-inequality, #inflation-economics, #interest-rates, #onion-the, #real-estate-and-housing-residential, #savings, #shortages, #united-states, #united-states-economy, #wages-and-salaries, #weimar-germany

Inflation Worries Say a Lot About You (and May Move Prices)

Age, region, education and income all influence what people think consumer prices will be a few years from now. And that creates a policy puzzle.

#age-chronological, #consumer-behavior, #consumer-price-index, #federal-reserve-bank-of-new-york, #federal-reserve-system, #income, #inflation-economics, #prices-fares-fees-and-rates, #research, #united-states-economy

Take Action Now to Curb Inflation

It’s better to act more aggressively now than wait and risk sparking a recession later.

#banking-and-financial-institutions, #consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #powell-jerome-h, #united-states-economy

Consumer Prices Rose at Fastest Pace Since 1982

The Consumer Price Index is rising sharply, a concern for Washington policymakers and a sign of the rising costs facing American households.

#biden-joseph-r-jr, #consumer-price-index, #coronavirus-2019-ncov, #factories-and-manufacturing, #federal-reserve-system, #inflation-economics, #powell-jerome-h, #price-gouging, #prices-fares-fees-and-rates, #united-states-politics-and-government, #wages-and-salaries

The Inflation Suspense Goes On

The data refuse to settle the big debate. 

#consumer-price-index, #economics-theory-and-philosophy, #federal-reserve-bank-of-new-york, #inflation-economics, #internal-sub-only-nl, #united-states, #united-states-economy

One-year jump in energy prices is a big factor in inflation’s jump.

Energy prices rose by one-third in the last year, and 6.8 percent in November alone, but there are recent signs of relief.

#consumer-price-index, #energy-and-power, #heating, #inflation-economics, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #united-states-economy

Here’s Why Inflation Is Worrying Washington

Price gains have moved up sharply for months, but the fact that the trend is lasting and broadening has newly put policymakers on red alert.

#automobiles, #consumer-price-index, #coronavirus-2019-ncov, #federal-reserve-system, #inflation-economics, #pizza, #prices-fares-fees-and-rates, #shortages, #wages-and-salaries

A Holiday Gift Guide to Beat Inflation

Prices are soaring for almost everything, but a few choice gifts are even cheaper than two years ago. Or show your love by going on your family’s annual “lard run.”

#bureau-of-labor-statistics, #consumer-price-index, #content-type-service, #gifts, #inflation-economics, #personal-finances, #prices-fares-fees-and-rates

The Inflation Miscalculation Complicating Biden’s Agenda

Administration officials blame the Delta variant for a prolonged stretch of consumer spending on goods, rather than services, pushing up prices and creating a conundrum for the Fed.

#american-rescue-plan-2021, #biden-joseph-r-jr, #consumer-price-index, #coronavirus-2019-ncov, #coronavirus-delta-variant, #inflation-economics, #international-trade-and-world-market, #united-states-economy, #united-states-politics-and-government

Buy Stocks to Prosper. Buy Bonds to Sleep at Night.

Do what it takes to stay invested in the stock market, our columnist says. Government bonds may help, even if they look unappealing now.

#asset-allocation-personal-finances, #consumer-price-index, #content-type-service, #government-bonds, #inflation-economics, #mutual-funds, #standardpoors-500-stock-index, #stocks-and-bonds

Inflation and Retirement: How to Protect Your Savings

With prices rising at their fastest rate in decades, people in retirement or approaching it should take extra care to protect their savings.

#consumer-price-index, #content-type-service, #drugs-pharmaceuticals, #elderly, #inflation-economics, #medicare, #personal-finances, #prices-fares-fees-and-rates, #retirement, #social-security-us, #united-states, #united-states-economy

Inflation Will Hurt Biden’s Spending Plan

Why didn’t they listen?

#american-jobs-plan-2021, #american-rescue-plan-2021, #biden-joseph-r-jr, #consumer-price-index, #democratic-party, #federal-reserve-system, #inflation-economics, #interest-rates, #manchin-joe-iii, #summers-lawrence-h, #united-states, #united-states-economy, #united-states-politics-and-government