Inflation

The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)
November 29, 2019 - 5:50 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics agency...
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FILE - In this Oct. 17, 2019, file photo Harley Davidson motorcycles are on display at a dealership in Ashland, Va. On Wednesday, Nov. 27, the Commerce Department issues its October report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Steve Helber, File)
November 27, 2019 - 10:48 am
WASHINGTON (AP) — Americans increased their spending in October at the fastest rate in three months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best showing since a 0.5%...
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Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn., Monday, Nov. 25, 2019. Powell and Federal Reserve Bank of Boston President Eric Rosengren toured a working-class neighborhood in East Hartford and met with residents to get a closer look at their challenges. (AP Photo/Steven Senne)
November 25, 2019 - 7:28 pm
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest rates won’t likely be necessary anytime soon. Powell says that even with unemployment near a 50-year low of 3.6%, there’s still “plenty of room” for...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 16, 2019 - 6:47 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual...
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In this Aug. 21, 2019, photo a worker stocks a produce stand at a metro station in Atlanta. On Thursday, Oct. 10, the Labor Department reports on U.S. consumer prices for September. (AP Photo/David Goldman)
October 10, 2019 - 12:55 pm
WASHINGTON (AP) — Overall consumer prices were unchanged in September as a big decline in energy costs offset small gains in other areas. The flat reading in the Consumer Price Index for September followed a tiny 0.1% August increase and left prices over the past 12 months rising at a modest annual...
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In this Oct. 9, 2019 photo, Joe Schiavone, 81, stands in his workshop in West Melbourne, Fla. Schiavone will get a modest cost-of-living increase from Social Security for 2020,a political year in which many Democrats are calling for a boost in basic benefits and a more generous formula to compute annual inflation adjustments. (AP Photo/Mike Brown)
October 10, 2019 - 11:42 am
WASHINGTON (AP) — Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a month for the average...
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California Gov. Gavin Newsom signs bill AB 1482, Tuesday, Oct. 8, 2019, in Oakland, Calif. AB 1482 will cap rent increases at 5% each year plus inflation. The bill will also ban landlords from evicting tenants without just cause. (AP Photo/Ben Margot)
October 08, 2019 - 7:56 pm
SACRAMENTO, Calif. (AP) — California will limit rent increases for some people over the next decade after Democratic Gov. Gavin Newsom signed a law Tuesday aimed at combating a housing crisis in the nation's most populous state. Newsom signed the bill at an event in Oakland, an area where a recent...
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FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 4:35 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
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FILE - In this Oct. 3, 2019, file photo corn is harvested and chopped for silage at High Lawn Farm in Lee, Mass. On Tuesday, Oct. 8, the Labor Department reports on U.S. producer price inflation in September. (Ben Garver/The Berkshire Eagle via AP, File)
October 08, 2019 - 8:38 am
WASHINGTON (AP) — U.S. producer prices fell in September, another sign that inflation remains tame more than 10 years into America's economic expansion. The Labor Department says its producer price index, which measures inflation before it reaches consumers, fell 0.3% last month, the first drop...
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Federal Reserve Chairman Jerome Powell speaks before attending a panel at the Federal Reserve Board Building, Friday, Oct. 4, 2019, in Washington. (AP Photo/Jacquelyn Martin)
October 04, 2019 - 3:38 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the U.S. economy is facing some risks at the moment, but overall it is in a "good place" and the Fed's main job is to "keep it there as long as possible." Powell noted that unemployment is at a half-century low and inflation...
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