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inflation

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Financial Markets Wall Street

Economy Mar 18

U.S. stocks sink on worries about inflation as gold falls below $5,000 per ounce

By Stan Choe, Associated Press

Economy Mar 18

FILE PHOTO: U.S. Federal Reserve Chair Powell holds a press conference, at the U.S. Federal Reserve in Washington
WATCH: Fed Chair Powell holds news briefing after interest rate left unchanged

Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026.

By Christopher Rugaber, Associated Press

Economy Mar 13

Gas prices rise during U.S.-Israeli Conflict with Iran
Key inflation gauge worsened in January, before Iran war lifted gas prices

Prices rose 2.8% in January compared with a year earlier, the Commerce Department said Friday.

By Christopher Rugaber, Associated Press

Economy Mar 11

FILE PHOTO: Gas prices are seen at a fuelling station, as the price of oil and gas has surged amid the U.S.-Israeli confli...
The Iran war and surging oil prices are affecting consumers. Here's how

You don't have to drive a car to be affected.

By Cathy Bussewitz, Mae Anderson, Christopher Rugaber, Associated Press

Economy Mar 11

Gas prices rise during U.S.-Israeli conflict with Iran
Inflation held steady last month before attack on Iran sent energy costs soaring

Wednesday’s data has been overtaken by the conflict that began when the U.S. and Israel attacked Iran on Feb. 28, which has caused wild gyrations in oil prices as shipping lanes through the Persian Gulf have suffered a rare shutdown.

By Christopher Rugaber, Anne D'Innocenzio, Associated Press

Mar 03

The U.S. economy is already unsteady. A war in Iran could add to that uncertainty

By Christopher Rugaber, Associated Press

A longer war that pushed oil past $100 a barrel for an extended period would likely boost inflation, at least temporarily.

Continue reading

Feb 20

Inflation rose faster than expected in December

By Christopher Rugaber, Associated Press

The figures show that inflation remains elevated, even as it has come down from a peak near 7% in 2022.

Continue reading

Feb 19

Watch 5:17
Trump shifts focus to affordability ahead of State of the Union

By Liz Landers, Doug Adams

President Trump is in Georgia and is talking about affordability and the economy, a theme he’s expected to spotlight again in next week’s State of the Union address. White House correspondent Liz Landers reports.

Continue watching

Feb 13

Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool

By Christopher Rugaber, Associated Press

Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents have soared since the pandemic.

Continue reading

Feb 11

Federal deficits and debt will worsen over next decade, Congressional Budget Office finds

By Fatima Hussein, Associated Press

Congressional Budget Office projections also indicate that inflation doesn't hit the Federal Reserve’s 2% target rate until 2030.

Continue reading

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