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June 15, 2025

Inflation

Article

Powell: ‘Soft’ economic landing may be out of Fed’s control

May 17, 2022 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term, acknowledged for the first time that high inflation and economic weakness overseas could thwart his efforts to avoid […]

Article

A key inflation gauge jumped 6.6% in March, most since 1982

April 29, 2022 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence that spiking prices are […]

Article

HARSANYI: The ‘Putin’s price hike’ canard

April 23, 2022 David Harsanyi

In March, inflation jumped 8.5%, the biggest spike since 1981. Economic growth is expected to slow. Voters are expected to be angry. Yesterday, press secretary Jen Psaki warned, “We expect March CPI (consumer price index) […]

Article

HILL: The canary in the interest rate mineshaft

April 20, 2022 Frank Hill

Canaries used to be lowered into mines to detect the presence of noxious gas from 1911 to 1986. If the bird came back chirping, the miners would go down in the mine.  If not, they […]

Article

HILL: The LIFO-ification of the American economy

March 23, 2022 Frank Hill

Ever since Millennials and college-educated liberals flocked to defeat President Trump and replace him with a man they hardly knew, older folks who lived through the disastrous President Jimmy Carter years from 1977-1981 have been […]

Article

US producer prices climbed 10% in February from a year ago

March 15, 2022 Paul Wiseman, Associated Press

Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy. The Labor Department said Tuesday that […]

Article

US inflation soared 7.9% in past year, a fresh 40-year high

March 11, 2022 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to […]

Article

January wholesale inflation surged 9.7% from a year ago

February 18, 2022 The Associated Press

WASHINGTON, D.C. — Wholesale inflation in the United States surged again last month, rising 9.7% from a year earlier in a sign that price pressures remain high at all levels of the economy.  The Labor Department […]

Article

US inflation highest in 40 years, with no letup in sight

February 11, 2022 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — Inflation soared over the past year at its highest rate in four decades, hammering American consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across […]

Article

Inflation at 40-year high pressures consumers, Fed and Biden

January 13, 2022 Christopher Rugaber, Associated Press

WASHINGTON, D.C. — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on […]

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