Inflation rose higher than expected in March at an annual inflation rate of 3.5%, according to a CPI report released by the Bureau of Labor Statistics on Wednesday.
Former White House chief of staff Ron Klain blasted his former boss, President Biden, for not focusing on key issues like inflation and grocery prices in leaked audio, according to a new report. The audio reveals Klain getting heated about Biden's focus on infrastructure, saying there is "too much talking about bridges" and not enough about "eggs and milk," Politico reported. "I think the president is out there too much talking about bridges," Klain reportedly says in the audio. "He does two or...
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
The higher than expected March CPI released on Wednesday freaked everyone out and got the markets convinced we will see fewer, if any, interest rate cuts this year. I have never been a Fed tea leaf reader, and am not about to change professions now, but it will be bad news if the Fed puts More
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
Sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40%
It's no secret that prices, across the board, have increased significantly in Honolulu over the last couple of years. From increased houselessness to decreased wages, we are experiencing a difficult time.
Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed.
Inflation reports have become the most widely watched economic indicator since prices first surged three years ago. But Wednesday’s consumer-price index for March has taken on outsize importance because Federal Reserve officials appeared willing to look past firmer-than-anticipated readings for Janu
Food Is Now An Investment – Here's Why Inflation Isn't Going Away Anytime Soon Authored by Brandon Smith via Alt-Market.us, One of the more difficult aspects of working in economic analysis is the problem of rampant disinformation that you have to dig through in order to get to the truth of any particular issue. In this regard, economics is very similar to politics. The propaganda is endless and debunking it sometimes feels like moving a mountain with a teaspoon. Establishment...
The Miami Heat have been playing playoff spoiler the last few years, making a run all the way to the NBA Finals last year from the eighth seed in the Eastern Conference. But, a repeat of that is going to be much harder after Wednesday night. Not only did the Miami Heat blow a big […]
Inflation in the UK fell to its lowest level in two-and-a-half years in March after a further easing in food prices, official figures show, a development that could further pave the way for a welcome cut in interest rates soon. Consumer prices rose by 3.2 per cent in the year to March, down from 3.4 […]