Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
admin When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75…
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Opinion: Everybody is looking at the CPI through the wrong lens. The best measure shows inflation fell to the Fed’s target in the past three months.
That’s the big question facing policy makers, investors and consumers. Unfortunately, the way we talk…
Read MoreOil slumps after hot inflation reading, while IEA warns of global recession
Oil futures fell Thursday after a hotter-than-expected consumers price index reading was seen forcing the…
Read More‘The mood has turned darker’: Desperate to outrun inflation, people are making big (and easy) changes to their habits. You can too.
We never were the same after last summer. Stubbornly high inflation rates in recent months…
Read MoreSocial Security COLA 2023 benefits are getting an 8.7% bump — here’s what that means for recipients
The cost-of-living adjustment for 2023 will be 8.7%, according to the Social Security Administration —…
Read MoreJobless claims rise to highest level since August
The numbers: Initial jobless claims rose 9,000 to 228,000 in the week ended October 8,…
Read MoreJobless claims rise to highest level since August in aftermath of Hurricane Ian
The numbers: Initial jobless benefit claims rose 9,000 to 228,000 in the week ended October…
Read MoreConsumer prices jump again in September as U.S. CPI shows little relief from high inflation
The numbers: The U.S. cost of living rose 0.4% in September and pointed to high…
Read MoreSocial Security COLA 2023 benefits are getting an 8.7% bump — here’s what that means for recipients
The cost-of-living adjustment for 2023 will be 8.7%, according to the Social Security Administration —…
Read More
Opinion: Everybody is looking at the CPI through the wrong lens. The best measure shows inflation fell to the Fed’s target in the past three months.
That’s the big question facing policy makers, investors and consumers. Unfortunately, the way we talk…
Read More