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25 April 2024
Inflation
U.S. Inflation Soared 7.9% in Past Year
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Mar 10, 2022
WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come....
Inflation Jumped 7.5%, A 40-Year High
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Feb 10, 2022
WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the...
Wall Street Falls After Inflation Report
by
ASSOCIATED PRESS
-
Feb 10, 2022
NEW YORK (AP) — Stocks are falling and bond yields are snapping higher after a hot reading on inflation led investors to anticipate a big increase in interest rates at the Federal Reserve’s meeting next month....
Fed Plans to Raise Rates to Cool Inflation
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Jan 26, 2022
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and...
Inflation 7% Last Year, Highest Since 1982
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Jan 12, 2022
WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President...
Consumer Inflation Up 6.8%, Most Since 1982
by
MARTIN CRUTSINGER, AP Economics Writer
-
Dec 10, 2021
WASHINGTON (AP) — Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39...
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