Beneath the headline, the composition of inflation offered little comfort to policymakers. Energy prices rose 4.2 percent over the year, driven by an roughly 11 percent increase in fuel costs and a 7 ...
Bank of America shared its inflation forecast with TheStreet, based on the core (excluding volatile food and energy) Personal ...
The annual rate of PCE inflation is expected to be 2.6% in July, the same as in June. Tariffs imposed by the White House are putting upward pressure on goods prices, and services prices are also ...
This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...
Wall Street and Main Street are wringing their hands over the next inflation update from the Bureau of Labor Statistics on Oct. 24. The BLS's monthly Consumer Price Index is a major inflation measure ...