Inflation

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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FILE- In this Sept. 19, 2018, file photo a tractor operator picks potatoes at Brett Jensen Farms outside of Idaho Falls, Idaho. On Tuesday, Dec. 12, the Labor Department reports on U.S. producer price inflation in November. (John Roark/The Idaho Post-Register via AP, File)
December 11, 2018 - 8:33 am
WASHINGTON (AP) — U.S. wholesale prices barely rose last month as a sharp decline in the cost of gas offset pricier freight trucking services and mobile phone plans. The Labor Department said Tuesday that the producer price index — which tracks cost changes before they reach the consumer —...
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December 03, 2018 - 7:18 am
ISTANBUL (AP) — Official figures show that Turkey's inflation rate eased in November in the wake of a firmer currency, which kept a lid on import prices. The Turkish Statistical Institute said Monday that consumer prices in the year to November were up 21.6 percent, down from October's 15-year high...
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December 03, 2018 - 12:14 am
WASHINGTON (AP) — A group of business economists foresee U.S. economic growth remaining solid next year, with unemployment falling further and only a slight chance of a recession. But they express concern about potential risks, notably from trade conflicts. In its latest forecast being released...
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FILE- In this Oct. 21, 2018, file photo a long line of unsold 2018 124 convertibles is shown at a Fiat dealership in Highlands Ranch, Colo. On Wednesday, Nov. 14, the Labor Department reports on U.S. consumer prices for October. (AP Photo/David Zalubowski)
November 14, 2018 - 8:31 am
WASHINGTON (AP) — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department says that this measure of inflation has increased 2.5 percent over the past 12 months. Adjusted for rising prices, average...
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