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Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since ...
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four quintiles since 2006, and over a nearer-term timeframe. From the end of ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...