Alert: Inflation in European countries using the euro currency slows to 6.1% in May but price...
Midland Reporter-Telegram· 11 hours agoInflation in European countries using the euro currency slows to 6.1% in May but price...
Peru’s inflation rate dips slightly in May but still above forecast
WSAU Wausau· 2 hours agoLIMA (Reuters) - Peru's inflation rate based on the metropolitan region of the capital Lima fell to...
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
MSN News· 11 hours agoEurope sees inflation drop to 6.1%, but real relief for consumers will take months
Euro-Area Core Inflation Eases But Won’t Stop ECB Hiking
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Underlying inflation in the euro zone dipped by more than expected, though European...
Banxico Signals a Long Period of Tight Monetary Policy to Tame Inflation
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Mexico will need a prolonged stretch of restrictive monetary policy to get inflation...
Eurozone inflation drops more than expected, bringing relief for ECB
Reuters via Yahoo Finance· 11 hours agoEuro zone inflation eased more than expected last month as underlying price growth also slowed,...
Inflation Is Coming More in Line With Wall Street Expectations
The Wall Street Journal· 6 hours agoNow Wall Street's projections on rising prices appear to be more on the mark. March and April marked...
Who does inflation hit hardest? Experts weigh in on how higher prices impact households
CNBC· 7 hours agoStubborn inflation has driven households near the breaking point, but the pain of high prices has...
Tight Labor Market Puts Pressure on ECB Despite Falling Inflation
The Wall Street Journal· 2 hours agoEurozone inflation numbers will continue to come down in the coming months, but with the labor...
Transcript: Cleveland Fed President Loretta Mester Discusses the Economic Outlook
The Wall Street Journal· 1 hour agoCleveland Fed President Loretta Mester discussed the outlook forinflation, financial stability, and...
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- Inflation in the United States
In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. wikipedia.org
- Federal Reserve policymakers evaluate changes in inflation by monitoring several different price indexes.
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- Consumer Price Index (CPI), produced by the Bureau of Labor Statistics (BLS), is the most widely used measure of inflation
- The Federal Reserve prefers to use the Personal Consumption Expenditures (the PCE price index) when gauging inflation and the overall economic stability of the United States
- Producer Price Index (PPI), which reports the price changes that affect domestic producers, is another measure of inflation
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- Cost-push inflation
- Demand-pull inflation
- The housing market
- Expansionary fiscal policy
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source: wikipedia.org, investopedia.com, federalreserve.gov, brookings.edu
