U.S. Consumer Prices Increase 0.4% in February
Economists expect the rise in prices to continue into the summer, pushing inflation past the Federal Reserve’s 2% target.
Inflation Flat in October as Coronavirus Surges
“With the explosion in virus numbers putting downward pressure on demand in the short-term, we expect inflation to remain subdued for a while yet."
No Interest Rate Increases for Three Years: Fed
The Fed's Open Market Committee said that the ongoing public health crisis would continue to weigh on economic activity, employment, and inflation.
Core Inflation Posts Record 0.4% Drop in April
The coronavirus crisis drove consumer prices into "a disinflationary shock" last month despite government efforts to stimulate the economy.
U.S. Consumer Prices Hit Highest Level in a Year
The CPI rose 2.1% in November on a year-on-year basis but the Fed "doesn’t expect inflation to sharply exceed its 2% goal anytime soon."
U.S. Consumer Prices Jump 0.4% in March
“The uptick in inflation, being largely driven by higher gas prices, is unlikely to worry investors or the Federal Reserve."
U.S. Consumer Prices Flat Amid Cheaper Gas
"The inflation picture is still fairly tame, certainly not heating up enough to push the Fed to a more aggressive stance."
Core Inflation Posts Annual Gain of 2.4% in July
The increase was the largest since September 2008 but economists see core inflation easing by the end of the year.
Consumer Prices Tick Up Again
The trend of steadily building inflation pressures could prompt the Federal Reserve to continue raising interest rates, analysts said.
U.S. Consumer Prices Edge up 0.2% in April
The steady rise in inflation may make it less likely that the Federal Reserve will raise interest rates more aggressively.
U.S. Consumer Prices Rise 0.2% in February
After the CPI gained 0.5% in January, a 0.9% decline in gasoline prices helped keep inflation in check last month.