By Mariah Brown Consumer prices barely increased in February but the Federal Reserve Board raised interest rates because of increasing inflation, signaling the strength of […]
CPI
Consumer Prices Rise, Inflation Creeps Higher
An acceleration in consumer prices, for the month of January, could push the Federal Reserve to raise interest rates. The consumer price index, a scale […]
5 Things to Watch in the March CPI Report
Tomorrow morning the Labor Department releases its monthly inflation report for March at 8:30 a.m., and economists surveyed by Bloomberg expect both the overall index […]
El Nino Puts the Squeeze on Tomato Crops, Causing Price Spikes
The U.S. agriculture industry, especially in Florida, has a rotten tomatoes problem that has nothing to do with film reviews. Erratic weather patterns have wreaked […]
Core Inflation Rate Strong Fourth Month in a Row, Yet Fed Remains Hesitant
February’s core 12-month inflation rate met or surpassed the Federal Reserve’s target for the fourth month in a row, showing signs of a strengthening economy. […]