Inflation

FILE- In this Sept. 10, 2018, file photo corn plants shoot out of a forage harvester as farmer Jim Minott works to get some of his 50 acres harvested before impending rain in Brunswick, Maine. Minott will feed the silage to his cows. On Tuesday, Jan. 15, 2019, the Labor Department reports on U.S. producer price inflation in December. (AP Photo/Robert F. Bukaty, File)
January 15, 2019 - 8:55 am
WASHINGTON (AP) — U.S. wholesale prices fell last month, dragged down by a steep drop in gas costs, suggesting that inflation will remain tame in the coming months. The Labor Department said that the producer price index — which tracks cost changes before they reach the consumer — fell 0.2 percent...
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FILE- In this Dec. 19, 2018, file photo the Federal Reserve Chairman Jerome Powell speak at a news conference in Washington. On Wednesday, Jan. 9, 2019, the Federal Reserve releases minutes from its December meeting when it raised its benchmark interest rate for the fourth time this year. (AP Photo/Susan Walsh, File)
January 09, 2019 - 3:48 pm
WASHINGTON (AP) — Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth. The threats, they said, made the future path of interest rate hikes "less clear." According to minutes of the...
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Federal Reserve Chairman Jerome Powell speaks at a conference, Friday, Jan. 4, 2019, in Atlanta. Powell said that he will not resign if asked to do so by President Donald Trump, a message that heartened investors who had been concerned by Trump's repeated attacks on his hand-picked choice to lead the nation's central bank. (AP Photo/Annie Rice)
January 04, 2019 - 3:24 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that he will not resign if asked to do so by President Donald Trump, and that he is prepared to be patient in deciding when to raise interest rates again. Both of those messages cheered stock market investors who had been worried...
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The buildings of the banking district are reflected on the plain surface of the river Main in Frankfurt, Germany, Thursday, Jan. 3, 2019. (AP Photo/Michael Probst)
January 04, 2019 - 5:59 am
LONDON (AP) — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. Inflation across the 19-country currency union fell in December to an eight-month low in the wake of the recent...
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Turkey's President Recep Tayyip Erdogan, right, and Mehmet Ozhaseki, a former minister, aplaude during a meeting in Ankara, Turkey, Tuesday, Jan. 1, 2019. Erdogan has nominated Ozhaseki to run for mayor of Ankara in March as the candidate of his ruling Justice and Development Party to lead Turkey's capital city.(Presidential Press Service via AP, Pool)
January 03, 2019 - 3:29 am
ANKARA, Turkey (AP) — Official figures show that Turkey's inflation rate eased for the second consecutive month in December, helped by tax cuts and discounted prices on consumer goods. The Turkish Statistical Institute said Thursday that consumer prices in the year to December stood at 20.3 percent...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 24, 2018 - 8:42 am
People on Social Security need a tax break. The rest of us need to make sure they get it — for everyone's sake. When Congress made Social Security benefits taxable in 1983, lawmakers didn't index the tax thresholds to inflation. They "forgot" inflation again when adding a second layer of taxation...
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FILE- In this Dec. 22, 2017, file photo, people shop at the Pentagon City Mall in Arlington, Va. Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday, Dec. 21, 2018.(AP Photo/Susan Walsh, File)
December 21, 2018 - 12:58 pm
WASHINGTON (AP) — Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Consumer spending...
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Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 10:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
Patrick Gentry
December 19, 2018 - 3:42 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:35 p.m. Federal Reserve Chairman Jerome Powell says that future interest rate decisions will likely depend more on newly released economic data than in the recent past. This would allow the Fed greater...
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FILE - In this Nov. 13, 2018, file photo, a shopper looks at hiking boots during a sale in REI Co-op's flagship store in Seattle. U.S. consumer prices were unchanged in November, the best performance since prices actually fell eight months ago. (AP Photo/Elaine Thompson, File)
December 12, 2018 - 9:01 am
WASHINGTON (AP) — U.S. consumer prices were unchanged in November, the best performance since prices actually fell eight months ago. The docile inflation reading reflected a big drop in the cost of gasoline and other energy products. The Labor Department said Wednesday that the unchanged inflation...
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