The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to switch.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
measures changes in the price of consumer goods and services, from food and housing to medical care and transportation. This index is primarily used to determine current inflation and predict how ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides
US stocks struggled to make headway on Thursday as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. After the Federal Reserve stood pat on interest rates as expected,
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters. It was also slower than the previous quarter, when growth was 3.1% annualised.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit in goods.
The switch to inflation-adjusted salaries will automatically take effect after the next election unless lawmakers and the governor reject it.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.