Inflation

FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 16, 2019 - 12:37 pm
WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump's trade war with China. After that, no one — not even the Fed itself — seems sure what it will...
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FILE - In this Aug. 29, 2019, photo shoppers wait in long lines at Costco in Davie, Fla. On Thursday, Sept. 12, the Labor Department reports on U.S. consumer prices for August. (AP Photo/Brynn Anderson, File)
September 12, 2019 - 12:05 pm
WASHINGTON (AP) — Overall consumer prices slowed in August, reflecting a big drop in the cost of gasoline and other energy products. But core inflation, which excludes energy and food, was rising at its fastest pace in a year. Economists said this increase in long-dormant inflation should not deter...
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August 30, 2019 - 11:18 pm
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday on legislation that would cap how rapidly rents can rise as the state grapples with a housing crisis. The deal would cap annual rent increases at 5% plus inflation, with a 10% maximum...
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In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
August 30, 2019 - 10:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
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Two people steer their paddle boards over the river Main with the buildings of the banking district in background in Frankfurt, Germany, late Tuesday, Aug. 27, 2019. (AP Photo/Michael Probst)
August 30, 2019 - 5:34 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was stuck at a low annual rate of 1% in August, potentially bolstering the argument for the European Central Bank to provide more stimulus to the economy when it meets next month. Statistics agency Eurostat said Friday that the inflation rate was...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, talk as they arrive for the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 21, 2019. The German government sold 30-year bonds at a negative interest rate Wednesday Aug. 21, 2019, in a sign of the clouds over markets and future growth as well as increased expectations that more central bank stimulus is likely on the way.(AP Photo/Michael Sohn)
August 21, 2019 - 4:24 pm
FRANKFURT, Germany (AP) — Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you'll lose. Sounds absurd, but increasingly that's the global bond market these days. A rising share of government and corporate bonds...
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August 20, 2019 - 12:55 pm
DALLAS (AP) — Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines' profits all year. The trade group Airlines for America forecast Tuesday that 17.5 million passengers will fly on U.S. carriers between Aug. 28 and Sept. 3...
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A man stretches as he walks over a bridge in Frankfurt, Germany, Wednesday, Aug. 14, 2019. In the background is the building of the European Central Bank. (AP Photo/Michael Probst)
August 19, 2019 - 12:07 pm
LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone...
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FILE- In this June 14, 2019, file photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Tuesday, Aug. 13, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Richard Drew, File)
August 13, 2019 - 8:52 am
WASHINGTON (AP) — U.S. consumer prices rose 0.3% in July, pushed higher by more expensive gas, medical care and housing. The consumer price index increased 1.8% compared with a year earlier, up from 1.6% in June, the Labor Department said Tuesday. Excluding the volatile food and energy categories,...
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FILE - This Aug. 6, 2019, file photo shows Dominion Energy's Scott Solar farm in Powhatan, Va. On Friday, Aug. 9, the Labor Department reports on U.S. producer price inflation in July. (AP Photo/Steve Helber, File)
August 09, 2019 - 8:34 am
WASHINGTON (AP) — U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check. The Labor Department said Friday that the producer price index — which measures price changes before they reach the consumer — increased 1.7% last month compared...
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