Inflation eased slightly in April to an annual rate of 8.3 percent, down from an annual rate of 8.5 percent in March, according to data released Wednesday by the Bureau of Labor Statistics. The ...
With the recent talk of inflation and a recession, there is plenty of economic uncertainty, with some people worried. It’s helpful to understand the inflation rate, how it’s calculated, and what it ...
Inflation is pushing up costs for groceries, gasoline, rent and other areas of household budgets at a faster-than-usual pace. The consumer price index jumped 8.6% in May relative to a year earlier, ...
The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders ...
Supply-chain disruptions, pandemic unpredictability, and war have sent inflation to levels not seen since the early 1980s. Higher prices for essentials like food, housing, and gas are making life more ...
FOR YEARS if anyone in America worried about inflation, they worried that it might be too low. Now prices are rising much too fast. In January they were an average of 7.5% higher than a year earlier, ...
Yes, inflation is at a 40-year high, but you might not be feeling its sharp bite. It all depends on where you spend your money. The Consumer Price Index is a basket of thousands of goods and services.
If you’ve checked the news even once over the past few months (or tried to buy basically anything), you know the United States is currently dealing with a bit of an inflation problem. Compared to this ...
• April is Financial Literacy Month in Bermuda and in the United States and the UK features Financial Awareness Days in April and May (Canada’s Financial Literacy Month is November). • I am hosting a ...