Inflation

People walk on Oxford Street, in London, Wednesday June 17, 2020, as further coronavirus lockdown restrictions are lifted in England. (Dominic Lipinski/PA via AP)
June 17, 2020 - 8:02 am
LONDON (AP) — Inflation in the U.K. fell to its lowest level in four years in May following a big coronavirus-related drop in prices at the pump, official figures showed Wednesday in a development that's bolstered expectations of another sizeable stimulus from the Bank of England. The Office for...
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FILE - In this Nov. 27, 2019, file photo people shop for food the day before the Thanksgiving holiday at a Walmart Supercenter in Las Vegas. U.S. consumer prices increased slightly last month, driven higher by more expensive food. The Labor Department said Wednesday, March 11, 2020, that the consumer price index ticked up 0.1% last month, matching its January increase. (AP Photo/John Locher, File)
June 10, 2020 - 8:05 am
WASHINGTON (AP) — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession. The Labor Department said Wednesday that its consumer price index fell 0.1% last month after tumbling 0.8% in April and 0.4% in March...
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Angie Moorefield unfolds material to begin sewing a disposable gown at Burlington Medical in Newport News Wednesday, May 6, 2020. The manufacturing business recently shifted from producing radiation protection gear for medical facilities to in-demand personal protective equipment such as masks, gowns and plastic face shields. (Jonathon Gruenke/The Virginian-Pilot via AP)
May 13, 2020 - 8:31 am
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States. The Labor Department said Wednesday that its producer price index, which measures inflation before it reaches the...
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FILE - This Aug. 11, 2019 file photo shows credit cards in New Orleans. U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday, May 7, 2020. (AP Photo/Jenny Kane, file)
May 12, 2020 - 1:32 pm
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices. And excluding the normally volatile categories of food and energy...
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FILE - In this March 25, 2020 file photo, a closed sign hangs in the window of a shop in Portsmouth, N.H., due to caronavirus concerns. The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to suport American households and businesses as well as local governments as they deal with the coronavirus. The Fed said Thursday, April 9, among the actions it is taking is the activation of a Main Street Lending Program that was authorized by the $2.3 trillion economic relief bill pass by Congress last month. (AP Photo/Charles Krupa, File)
April 09, 2020 - 2:05 pm
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus. In doing so, the Fed will pump an additional $2.3 trillion into the U.S. economy. The central bank, in part,...
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A woman walks over a bridge with the European Central Bank in background in Frankfurt, Germany, as the sun rises Monday, March 30, 2020. Due to the coronavirus the economy expects heavy losses. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Michael Probst)
March 31, 2020 - 4:14 am
FRANKFURT, Germany (AP) — Inflation in the 19 countries that use the euro currency sagged to 0.7% in March from 1.2% February as the virus outbreak and an oil price war between Saudi Arabia and Russia rippled through the economy. A key factor in the officials figures published Tuesday was volatile...
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Trader Michael Milano, center, works on the floor of the New York Stock Exchange, Friday, March 6, 2020. Stocks are opening sharply lower on Wall Street and bond yields are sinking to more record lows as investors fear that economic damage from the spreading coronavirus outbreak will be longer than previously thought. (AP Photo/Richard Drew)
March 06, 2020 - 6:06 pm
WASHINGTON (AP) — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking. Interest rates on a range of U.S...
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FILE - In this Feb. 12, 2020, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington. On Wednesday, Feb. 19, the Federal Reserve releases minutes from its January meeting. (AP Photo/Susan Walsh, File)
February 19, 2020 - 2:46 pm
WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months. Fed...
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FILE - In this Feb. 5, 2020, file photo workers sort through tomatoes after they are washed before being inspected and packed, in Florida City, Fla. On Wednesday, Feb. 19, the Labor Department releases the Producer Price Index for January. (AP Photo/Wilfredo Lee, File)
February 19, 2020 - 8:04 am
WASHINGTON (AP) — U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for services more than offset a drop in the cost of energy. The Labor Department said Wednesday that its producer price index, which measures inflationary pressures before they reach the...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
February 19, 2020 - 4:36 am
LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermining the case for the central bank to cut interest rates as it had been expected to do. The annual inflation rate rose to 1.8% from 1.3% in December, the national statistics agency...
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