Inflation

FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
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FILE- In this Sept. 4, 2018, file photo, sprinklers run as a farmworker walks through a broccoli field in Salinas, Calif. On Wednesday, March 13, 2019, the Labor Department reports on U.S. producer price inflation in February. (AP Photo/Jae C. Hong, File)
March 13, 2019 - 8:34 am
WASHINGTON (AP) — U.S. wholesale prices barely increased last month after falling for three straight months, a sign there is little inflation pressure in the economy. The Labor Department says the producer price index — which measures price changes before they reach the consumer — rose 0.1 percent...
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FILE- This Nov. 16, 2018, file photo shows gas prices at a pump in West Mifflin, Pa. On Tuesday, March 12, 2019, the Labor Department reports on U.S. consumer prices for February. (AP Photo/Gene J. Puskar, File)
March 12, 2019 - 8:42 am
WASHINGTON (AP) — U.S. consumer prices rose 0.2 percent in February, pushed up slightly by higher gasoline and housing costs even as the prices for autos and clothing slumped. The Labor Department said Tuesday that the consumer price index rose a modest 1.5 percent last month from a year ago...
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An orange sky is seen over the banking district of Frankfurt, Germany, on Tuesday, Feb. 26, 2019. (AP Photo/Michael Probst)
March 01, 2019 - 8:02 am
LONDON (AP) — Worries are growing that the 19-country eurozone economy is heading toward a recession that could start undoing hard-earned improvements in the labor market. In a survey of manufacturers that is closely monitored by the European Central Bank in its interest rate deliberations,...
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February 21, 2019 - 2:40 pm
The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after adjusting for inflation. However, that doesn't count fees that airlines add for things like checking a bag, getting a better seat, or moving up in the...
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FILE- In this Aug. 24, 2018, file photo, a worker rakes wild blueberries at a farm in Union, Maine. On Thursday, Feb. 14, 2019, the Labor Department reports on U.S. producer price inflation in January. (AP Photo/Robert F. Bukaty, File)
February 14, 2019 - 8:34 am
WASHINGTON (AP) — U.S. wholesale prices fell for a second straight month in January as energy costs fell sharply again. The monthly declines were more evidence that inflation remains under control. The Labor Department said Thursday that producer prices, which track changes before they reach the...
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FILE- This Feb. 7, 2019, file photo shows the bread section of a Safeway store in Tacoma, Wash. On Wednesday, Feb. 13, 2019, the Labor Department reports on U.S. consumer prices for January. (AP Photo/Ted S. Warren, File)
February 13, 2019 - 9:43 am
WASHINGTON (AP) — Consumer prices were unchanged in January, as lower gasoline prices offset the rising costs of housing, clothing and medical care. The Labor Department said the consumer price index rose only 1.6 percent last month from a year earlier. That matched the slowest pace of annual...
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In this Sunday, Feb. 10, 2019 photo, Laquesha Russell, a 36-year-old home health care worker who makes $10.78 an hour, speaks during an interview as she shops for groceries for her four children in Springfield, Ill. Nearly a quarter of workers in Illinois would see their pay almost double under a proposal nearing final approval in the Legislature, but inflation will take a huge bite by the time the state's minimum wage reaches $15 an hour in 2025. Business owners complain that the phase-in is too fast. But Russell said, "it's going to be a long process to get up to $15." (AP Photo/John O’Connor)
February 12, 2019 - 5:55 pm
SPRINGFIELD, Ill. (AP) — Nearly a quarter of workers in Illinois would see their pay almost double under a proposal nearing final approval in the Legislature, but inflation will take a huge bite by the time the state's minimum wage reaches $15 an hour in 2025. The statewide pay floor has remained...
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Illinois Gov. J.B. Pritzker gives his opening remarks along with Illinois State Sen. Kimberly Lightford, D-Maywood, left, on Senate Bill 1, a bill sponsored by Lightford to raise the state's minimum wage to $15 an hour by 2025, after it passed the Illinois Senate during a press conference in the governor's office at the Illinois state Capitol, Thursday, Feb. 7, 2019, in Springfield, Ill. (Justin L. Fowler/The State Journal-Register via AP)
February 12, 2019 - 5:12 pm
SPRINGFIELD, Ill. (AP) — Nearly a quarter of workers in Illinois would see their pay almost double under a proposal nearing final approval in the Legislature, but inflation will take a huge bite by the time the state's minimum wage reaches $15 an hour in 2025. The statewide pay floor has remained...
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Illinois Gov. J.B. Pritzker gives his opening remarks along with Illinois State Sen. Kimberly Lightford, D-Maywood, left, on Senate Bill 1, a bill sponsored by Lightford to raise the state's minimum wage to $15 an hour by 2025, after it passed the Illinois Senate during a press conference in the governor's office at the Illinois state Capitol, Thursday, Feb. 7, 2019, in Springfield, Ill. (Justin L. Fowler/The State Journal-Register via AP)
February 12, 2019 - 4:38 pm
SPRINGFIELD, Ill. (AP) — Nearly a quarter of workers in Illinois would see their pay almost double under a proposal nearing final approval in the Legislature, but inflation will take a huge bite by the time the state's minimum wage reaches $15 an hour in 2025. The statewide pay floor has remained...
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