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1 day ago · At its most basic level, inflation represents an increase in consumer prices over time. According to data from the Bureau of Labor Statistics, the current unadjusted 12-month inflation rate as of ...
2 days ago · Federal Reserve officials were wary about the recent lack of progress on inflation and remained willing to lift interest rates if conditions made it necessary as of their two-day meeting that ...
1 day ago · After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high.
3 days ago · Q1 2024 Real GDP: 1.6%. The U.S. economy has shown steady growth since it dropped to unprecedented levels during the second quarter of 2020 due to the pandemic — and then rebounded almost as ...
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Are interest rates high enough to slow inflation?
Will inflation cool enough to justify a lower interest rate?
What is inflation & how does it affect consumer prices?
What is the state of the US economy despite inflation?
3 days ago · Waller said wage growth is still a little too high to meet the Fed’s annual inflation target of 2%, but “not that high,” and he believes inflation could be brought down without significantly ...
1 day ago · While officials continued to think interest rates were high enough to slow the economy and inflation, they signaled they were less certain over the degree to which rates would restrain activity ...
4 days ago · This week: economic growth, unemployment, inflation update. Economic gaugeThe Commerce Department releases its initial estimate of first-quarter economic growth on Thursday. As prices continue to rise, the Federal Reserve is raising interest rates to fight inflation. Read the latest coverage around the U.S. economy and rising inflation.
