Inflation

Governor of the Bank of England Mark Carney hosts a Financial Stability Report press conference at the Bank of England in central London, Wednesday Nov. 28, 2018. (Daniel Leal-Olivas / Pool via AP)
November 28, 2018 - 12:10 pm
LONDON (AP) — Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, with the economy shrinking 8 percent within months as unemployment and inflation soar, the Bank of England warned Wednesday. The stark projection came the same day...
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Hundreds of Tunisian public-sector workers demonstrate after failing to reach a wage agreement with the government, Thursday, Nov.22, 2018 in Tunis. The one-day strike was called by the powerful Tunisian General Labor Union.(AP Photo/Hassene Dridi)
November 22, 2018 - 8:41 am
TUNIS, Tunisia (AP) — Tunisian civil servants have gone on strike around the country to protest the failure of negotiations with the government for wage increases, amid plunging buying power and soaring inflation. Thousands gathered Thursday in front of parliament with chants of "shame on the...
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FILE- In this Oct. 21, 2018, file photo a long line of unsold 2018 124 convertibles is shown at a Fiat dealership in Highlands Ranch, Colo. On Wednesday, Nov. 14, the Labor Department reports on U.S. consumer prices for October. (AP Photo/David Zalubowski)
November 14, 2018 - 7:31 am
WASHINGTON (AP) — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department says that this measure of inflation has increased 2.5 percent over the past 12 months. Adjusted for rising prices, average...
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October 31, 2018 - 5:28 am
BRUSSELS (AP) — Inflation across the 19-country eurozone has risen to its highest level in nearly six years largely on the back of higher energy prices, official figures showed Wednesday. Statistics agency Eurostat said the headline measure of consumer price inflation rose to 2.2 percent in the...
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FILE- This Jan. 4, 2018, file photo shows the interior of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 10. (AP Photo/Mark Lennihan, File)
October 10, 2018 - 10:18 am
NEW YORK (AP) — U.S. stock indexes dropped sharply Wednesday, and the S&P 500 was on pace for its worst day since June, as interest rates resumed their climb. Treasury yields have jumped over the last week, which has weighed on stocks around the world, and the 10-year yield once again touched...
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FILE- In this March 7, 2018, file photo, a man standing on the bow of a Golden Gate Ferry takes a picture of a container ship as it heads toward the San Francisco-Oakland Bay Bridge in San Francisco. The economy should grow at a healthy pace this year and next, though the Trump administration’s trade policy will likely act as a drag, a group of business economists said. Growth should reach 2.9 percent this year, according to a survey of 51 economists by the National Association for Business Economics, released Monday, Oct. 1. (AP Photo/Eric Risberg, File)
October 01, 2018 - 2:09 pm
WASHINGTON (AP) — The economy should grow at a healthy pace this year and next, though the Trump administration's trade policy will likely act as a drag, a group of business economists said. Growth should reach 2.9 percent this year, according to a survey of 51 economists by the National...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:19 pm
WASHINGTON (AP) — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to manage growth and inflation. The...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 2:28 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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FILE- In this Aug. 22, 2018, file photo specialist Anthony Matesic, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 13. (AP Photo/Richard Drew, File)
September 13, 2018 - 1:12 pm
NEW YORK (AP) — U.S. stocks are climbing Thursday after the Labor Department said inflation slowed a bit in August. Technology companies like Apple and Microsoft made some of the largest gains after a recent bout of uncertainty, and chipmaker Qualcomm jumped after it announced a big stock buyback...
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FILE- In this Sept. 6, 2018, file photo customers use the check out lines inside the new Aldi store in Tyler, Texas. On Thursday, Sept. 13, the Labor Department reports on U.S. consumer prices for August. (Sarah A. Miller/Tyler Morning Telegraph via AP, File)
September 13, 2018 - 7:34 am
WASHINGTON (AP) — Consumer prices rose 2.7 percent in August from a year earlier, with higher housing and gasoline costs driving most of the increase. The Labor Department said Thursday that the consumer price index advanced 0.2 percent on a monthly basis. Despite the monthly gain, annual inflation...
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