Inflation

FILE- In this March 20, 2019, file photo Federal Reserve Chair Jerome Powell listens to a reporter's question during a news conference in Washington. On Wednesday, April 10, the Federal Reserve releases minutes from its March meeting when it left rates unchanged. (AP Photo/Susan Walsh, File)
April 10, 2019 - 2:27 pm
WASHINGTON (AP) — A majority of Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed's benchmark policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to...
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April 10, 2019 - 8:44 am
WASHINGTON (AP) — U.S. consumer prices climbed 0.4% in March, an increase caused mostly by higher costs for gasoline, electricity and shelter. The Labor Department said Wednesday that the consumer price index rose a healthy 1.9% last month from a year ago, a sharp jump from the annual pace of 1.5%...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 6:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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Reserve Bank of India Governor Shaktikanta Das smiles during a press conference to announce the first bi monthly monetary policy in Mumbai, India, Thursday, April 4, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6% to strengthen domestic growth ahead of a national election next week. (AP Photo/Rajanish Kakade)
April 04, 2019 - 7:56 am
NEW DELHI (AP) — India's central bank cut its key interest rate by a quarter of a percentage point to 6% on Thursday, moving to prop up economic growth ahead of a national election next week. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates...
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Cruise ships and ferries line up for customers in the harbor in Hamburg, Germany, Saturday, March 30, 2019. In background Hamburg's new landmark, the "Elbphilharmonie" concert hall. (AP Photo/Michael Probst)
April 01, 2019 - 5:59 am
LONDON (AP) — The eurozone economy received a double dose of bad news Monday as inflation fell further away from the European Central Bank's target and a closely monitored survey showed the crucial manufacturing sector shrinking at its fastest rate in six years. The developments suggest Europe is...
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Binali Yildirim , former prime minister and AKP mayoral candidate for Istanbul, gives a statement in Istanbul, Sunday, March 31, 2019. President Recep Tayyip Erdogan's ruling party is leading in Sunday's municipal elections that he has depicted as a fight for Turkey's survival, but may lose control of the capital in the vote that is seen as a test of his support amid a sharp economic downturn. (AP Photo/Emrah Gurel)
March 31, 2019 - 6:52 pm
ISTANBUL (AP) — The Latest on Turkey's municipal elections (all times local): 1:45 a.m. Turkish President Recep Tayyip Erdogan says his ruling party and its nationalist allies have won 56 percent of mayoral seats that were up for grabs in Turkey's municipal elections. Erdogan spoke Sunday from the...
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An orange sky is seen over the banking district of Frankfurt, Germany, on Tuesday, Feb. 26, 2019. (AP Photo/Michael Probst)
March 01, 2019 - 8:02 am
LONDON (AP) — Worries are growing that the 19-country eurozone economy is heading toward a recession that could start undoing hard-earned improvements in the labor market. In a survey of manufacturers that is closely monitored by the European Central Bank in its interest rate deliberations,...
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February 21, 2019 - 2:40 pm
The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after adjusting for inflation. However, that doesn't count fees that airlines add for things like checking a bag, getting a better seat, or moving up in the...
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FILE- In this Aug. 24, 2018, file photo, a worker rakes wild blueberries at a farm in Union, Maine. On Thursday, Feb. 14, 2019, the Labor Department reports on U.S. producer price inflation in January. (AP Photo/Robert F. Bukaty, File)
February 14, 2019 - 8:55 am
WASHINGTON (AP) — U.S. wholesale prices fell for a second straight month in January as energy costs fell sharply again. The monthly declines were more evidence that inflation remains under control. The Labor Department said Thursday that producer prices, which track changes before they reach the...
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February 13, 2019 - 5:35 pm
SPRINGFIELD, Ill. (AP) — In a story Feb. 12 about a proposal to raise the Illinois minimum wage, The Associated Press incorrectly reported that the value of a $15 minimum wage in 2025 would be about $10.46 in today's money, assuming an annual inflation rate of 2.1 percent. At that rate, it would be...
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