If there was one buzzword in the financial world in 2022, it was inflation. Not only did inflation rise faster than it has in more than 40 years, it triggered an aggressive interest rate-hiking cycle ...
If you've been feeling a pinch in your wallet in 2022, you're not alone. After years of negligible inflation, readings reached the highest levels in 40 years by the summer of 2022. Part of the reason ...
As the Federal Reserve revs up the money-creating machine even higher, the money supply is already growing at the fastest ...
If the 1970s were the decade of the Great Inflation, 2022 was the year of the Little Inflation. It was worse than many people expected, including me. But as the year ends, inflation is dwindling, and ...
Although they are few and far between, there are some goods and services with prices that held steady amid the economic turmoil. Surprisingly, these goods and services happen to be popular among ...
Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation in the 1970s and early 1980s.
Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...
During a mid-August call between Walmart brass and industry analysts, the word “inflation” came up 60 times. Just as shoppers all over the country were stressing about how to make ends meet in the ...
ST. LOUIS — The holidays are just around the corner, and this year you’ll probably be spending more to “deck the halls.” A staple holiday decoration, the Christmas tree, is going to cost you more this ...
Stocks on Wall Street jumped Tuesday after the government released its consumer prices report showing that inflation last month was at its slowest level of 2022. The Dow was up 104 points, or 0.2%, ...
USDA released its latest farm sector profit forecast on Thursday. According it’s estimates, farmers may fare better than previous years in many 2022 balance sheet boxes. Net income, a broad measure of ...