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2 May 2024
Inflation
Inflation Slowed in April, But Still High at 8.3%
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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May 11, 2022
WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Consumer prices jumped 8.3% last...
Feds Raise Key Rate in Bid to Tame Inflation
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
May 5, 2022
WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and...
Feds Signal Aggressive Steps to Fight Inflation
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Apr 6, 2022
WASHINGTON (AP) — Federal Reserve officials are signaling that they will take a more aggressive approach to fighting high inflation in the coming months — actions that will make borrowing sharply more expensive for consumers and...
Key Inflation Gauge Sets 40-Year High
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Mar 31, 2022
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances....
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