U.S. wholesale inflation unexpectedly accelerated in February from a month earlier, reflecting higher costs for goods and services prior to the war in Iran. The producer price index rose 0.7% after a ...
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Inflation eases in December, core consumer prices rise at slowest pace since March 2021, CPI report shows
Inflation eased in December as core consumer prices rose at the slowest annual rate since March 2021 in the final month of the year. The Consumer Price Index (CPI) released by the Bureau of Labor ...
Consumer inflation slowed slightly last month, surprising economists. The consumer-price index rose by 2.7% in November from a year earlier. Economists polled by The Wall Street Journal had forecast a ...
Opinion
2dOpinion
Interest rates are not the tool to solve the inflation caused by the US’s war with Iran
We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, a professor at UCL ...
The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The investors continue to weigh the latest developments in the US-Iran war and ...
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