Tag: inflation
Browse our exclusive articles!
Inflation squeezes holiday budgets for low-income shoppers
Emarilis Velazquez is paying higher prices on everything from food to clothing. Her monthly grocery bill has ballooned from $650 to almost $850 in recent months. To save money, she looks for less expensive cuts of meat and has switched to a cheaper detergent.
Powell says COVID variant clouds inflation, economic outlook
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation.
Americans are spending but inflation casts pall over economy
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
Biden aims to do what presidents often can’t: Beat inflation
LBJ tried jawboning. Richard Nixon issued a presidential edict. The Ford administration printed buttons exhorting Americans to “Whip Inflation Now.’’
Inflation ahead? Even a top economist says it’s complicated
WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
