Articles for Inflation Pressures

US wholesale inflation accelerated in November in sign that some price pressures remain elevated
1 week, 5 days ago

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% …

Inflation Prices Price Month Fed Rate Cut
Marks & Spencer sees profits surge, but cautions over consumer pressures
1 month, 2 weeks ago

Marks & Spencer sees profits surge, but cautions over consumer pressures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Marks & Spencer has notched …

Cost Half
U.S. employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market
1 year ago

U.S. employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market

LA Times  

Mechanic David Stoliaruk works on the engine of a car at IC Auto in Philadelphia on May 2. The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession. …

Job Growth Inflation This Year Fed Rate Rates
Michele Bullock: The one glaring word missing from Reserve Bank boss' speech as she says inflation crisis is 'homegrown' - and issues a grim warning about interest rates to Australians
1 year, 1 month ago

Michele Bullock: The one glaring word missing from Reserve Bank boss' speech as she says inflation crisis is 'homegrown' - and issues a grim warning about interest rates to Australians

Daily Mail  

Reserve Bank governor Michele Bullock has warned Australia's skyrocketing inflation is a 'homegrown' issue but failed to address concerns that increased immigration is worsening the crisis. Reserve Bank governor Michele Bullock admitted Australia's skyrocketing inflation is a 'homegrown' issue The RBA is considering ways to bring Australia's inflation, currently running at 5.4 per cent, back to its 2 to 3 …

Inflation Services Bank Price Cent Rba Bullock
Economy’s solid growth could require more Fed hikes to fight inflation, says Fed’s Jerome Powell
1 year, 4 months ago

Economy’s solid growth could require more Fed hikes to fight inflation, says Fed’s Jerome Powell

LA Times  

Federal Reserve Chairman Jerome Powell noted that the economy has been growing faster than expected and that consumers have kept spending briskly — trends that could keep inflation pressures high. The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain …

Economy Inflation Spending Consumer Spending High Fed Rate
US inflation slows to 6.4% but price pressures remain
1 year, 10 months ago

US inflation slows to 6.4% but price pressures remain

Al Jazeera  

The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowing. And on a monthly basis, consumer prices increased 0.5 percent from December to January, much higher than the 0.1 percent rise from November to December. Tuesday’s inflation report …

Consumer Inflation Costs Prices Price Wages High
Bank of England hikes interest rates to 1.25%
2 years, 6 months ago

Bank of England hikes interest rates to 1.25%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “In view of continuing signs of robust cost and …

Inflation Bank Sign Interest Rate