PCE, the Fed’s preferred measure of inflation, is showing prices cooling
by Minneapolis CNN — The trend is clear: inflation is cooling in America. The US Federal Reserve’s preferred inflation measure showed that inflation continued to moderate …
Tag: inflation
How the Fed’s rate hikes could affect your finances
NEW YORK (AP) — The Federal Reserve’s move on Wednesday to raise interest rates by half a point brought it to a range of 4.25% …
UK inflation falls from a 41-year high as fuel price hikes ease
LONDON – UK inflation came in slightly below expectations at 10.7% in November as refrigerated fuel prices helped ease price pressures, although high food and …
What is known as a record 8.7% Social Security COLA goes into effect
Catherine Ziegler | digital vision | Getty Images With inflation keeping prices high in 2022, Social Security beneficiaries can look forward to a record cost-of-living …
Gen Zers are coming home for the holidays at Mom and Dad’s expense, a study says
Travel demand has soared this year, although not everyone can afford the sky-high bill. In addition to rising costs for hotels and rental cars, travelers …
how calculators can measure changes
Hobo_018 | E+ | Getty Images How to measure the impact of a benefit cut Covisum, a provider of social security application software, recently updated …
Who are the eager Christmas shoppers unhindered by inflation? GenZ
new York CNNBusiness — There’s at least one group of shoppers excitedly hitting the malls this holiday season — and they don’t seem too concerned …
Jobs report keeps Federal Reserve on track for a 0.5-point rate hike
Fed officials have warned in recent days that they are likely to raise and maintain rates at levels high enough to slow economic activity and …
Eurozone inflation falls to 10% in November as energy prices slow
Markets are following the latest inflation data from the euro zone ahead of a new ECB meeting. Julien DeRosa | AFP | Getty Images Euro-zone …
Inflation looms over shoppers looking for bargains on Black Friday
NEW YORK (AP) — Shoppers scoured stores and online for the best deals as retailers offered new Black Friday discounts to lure consumers looking to …