The consumer price index is a vital gauge of inflation. It’s a guiding light for economists and investors who anxiously await an easing of interest […]
CPI
Inflated Car Repair Costs Leave Drivers Stranded
Single mothers make up a majority of the repair requests that come into Fix It Forward Auto Care. The nonprofit, started in 2015, provides free […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]
January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim
Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]
Five Things to Watch in the April CPI Report
The Bureau of Labor Statistics will release its April CPI report on Wednesday, offering some insights into the US inflation picture. Economists surveyed by Bloomberg […]
Five Things to Watch in the CPI Report for April
The Bureau of Labor Statistics will issue its Consumer Price Index report for April on Wednesday. The measurement, which tracks price movements across a broad […]
Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High
U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by […]
Inflation rises to a 40-year high as gas prices surge
U.S. inflation worsened in February, rising to a 40-year high, and it could accelerate as geopolitical conflict in Eastern Europe threatens to disrupt the global […]
Inflation Hits 40-Year High: Energy, Food, Housing Costs Drive 7.9% CPI Increase
Inflation hit historic highs last month as lingering supply chain issues and global tensions over Russia’s war with Ukraine dashed policymakers’ hopes that consumer prices […]
FIVE THINGS TO WATCH FOR IN MARCH’S CPI NUMBERS
Every month, the Bureau of Labor Statistics releases a consumer price index report detailing the monthly rise and fall in prices across the United States. […]