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By Stephan Weiler, Tessa Conroy, The Conversation
Inflation's relentless surge didn't merely persist in June. It accelerated. For the 12 months ending in June, the government's consumer price index rocketed 9.1 percent, the fastest year-over-year jump since 1981.
By Paul Wiseman, Associated Press
A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.
Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.
By Christopher Rugaber, Associated Press
The Consumer Price Index rose 5.4% last month compared to a year ago — the biggest monthly jump since 2008. During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell gave his assessment about the price surge and risks…
By Courtney Vinopal
26 percent of Americans surveyed in a recent PBS NewsHour/NPR/Marist Poll said inflation was their number one concern regarding the U.S. economy. Here’s a look at some of the factors driving prices up in the U.S. right now.
By Stephen Ohlemacher, Associated Press
For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation's population.
By Sarah Corapi
Consumer prices in the U.S. ticked upward this March, climbing more than expected as Americans paid slightly more for food and rental housing. The hike suggests improving consumer demand, and may alleviate concerns among some Federal Reserve officials…
By Online DA
The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation.
By Admin, PBS NewsHour
The Federal Reserve cut a key interest rate to an all-time low target range of zero to 0.25 percent Tuesday in an effort to fight the deepening recession.
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