The two most frequently cited indexes that calculate the inflation rate in the U.S. are the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCE). These two ...
Inflation data comes from the Consumer Price Index (CPI). The CPI inflation rate measures the average change in prices by urban consumers for goods and services. The current inflation rate is 2.8% ...
As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide inflation closer to 2%. CPI data is one of the Fed’s measurements of our economy’s ...
The U.S. Bureau of Labor Statistics (BLS) released the latest inflation report, based on the U.S. Department of Labor's ...
There is some good news for savers. Cash Isa rates are rising in the run-up to the end of the financial year, with ...
When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive for a currency, higher inflation usually ...
February CPI inflation fell to ... stabilizing in March, as the price of potatoes and tomatoes hit their historical lows, and other vegetable prices start to find a stable footing, as supply ...