A new Commerce Department report shows consumer prices in December wereup 5.8%, spending fell 0.6% while incomes rose 0.3% providing fuel for future spending.
Similar Stories to A Key Inflation Gauge Rose 5.8% In 2021, Most In 39 Years on Bing News
Chicago Tribune: Business
Fri, 01/28/2022 - 10:16am
BING NEWS:
- Inflation rose faster than expected in March
(CNN)– Inflation remained stubbornly high last month but it hasn’t stopped Americans from spending. According to data released by the commerce department inflation rose faster than expected last month ...
04/29/2024 - 9:46 am | View Link - Inflation gauge still too hot in March
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior Economist Ben Ayers. "There is also a risk that the further economic ...
04/26/2024 - 11:03 pm | View Link - Fed’s preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
04/26/2024 - 8:29 am | View Link - Inflation rose to 2.7% in March in preferred Fed gauge
Inflation ticked up to 2.7% for the year ending in March, as measured by the PCindex, which is the gauge favored by the Federal Reserve.
04/26/2024 - 7:27 am | View Link - U.S. Federal Reserve’s preferred inflation gauge shows price pressures stayed elevated in March
Friday’s report from the U.S. government showed that prices rose 0.3 per cent from February to March, the same as in the previous month ...
04/26/2024 - 4:18 am | View Link - More
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