Inflation

FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)
December 12, 2019 - 11:04 am
FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how...
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FILE - In this Nov. 25, 2019, file photo a corn harvester pushes through a field of grain corn in Warsaw, N.Y. On Thursday, Dec. 12, the Labor Department releases the Producer Price Index for November (AP Photo/Julie Jacobson, File)
December 12, 2019 - 7:43 am
WASHINGTON (AP) — U.S. wholesale prices were unchanged in November as the rise in energy costs slowed following a big gain in the previous month. The Labor Department said Thursday that the flat reading in November on its producer price index, which measures inflation pressures before they reach...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 5:23 pm
WASHINGTON (AP) — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as...
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FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne)
December 11, 2019 - 5:19 am
WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut...
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holiday
December 09, 2019 - 1:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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FILE - In this April 7, 2016, file photo Federal Reserve chair Janet Yellen, left, and former Federal Reserve chairs Ben Bernanke, center, and Paul Volcker, right, react as they listen to former Fed Chair Alan Greenspan appearing via video conference, during a panel discussion in New York. Volcker, the former Federal Reserve chairman died on Sunday, Dec. 8, 2019, according to his office, He was 92. (AP Photo/Kathy Willens, File)
December 09, 2019 - 10:58 am
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy...
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In this Nov. 27, 2019 photo, Wadlande Pierre, right, talks on her mobile phone as she helps her mother, Vanlancia Julien, center, at their fruit and vegetable stand on a sidewalk in Delmas, a district of in Port-au-Prince, Haiti. Pierre, 23, said she temporarily moved in with her aunt in the southwest town of Les Cayes to escape the violent protests in Port-au-Prince. However, she had to move back to the capital because there was no gas, power or water in Les Cayes, and food was becoming scarce. (AP Photo/Dieu Nalio Chery)
December 07, 2019 - 10:34 am
Port-au-Prince (AP) — The flaming barricades are mostly gone, protesters have largely dissipated and traffic is once again clogging the streets of Haiti’s capital, but hundreds of thousands of people are now suffering deep economic aftershocks after more than two months of demonstrations. The...
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The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)
November 29, 2019 - 4:50 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics agency...
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FILE - In this Oct. 17, 2019, file photo Harley Davidson motorcycles are on display at a dealership in Ashland, Va. On Wednesday, Nov. 27, the Commerce Department issues its October report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Steve Helber, File)
November 27, 2019 - 9:48 am
WASHINGTON (AP) — Americans increased their spending in October at the fastest rate in three months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best showing since a 0.5%...
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Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn., Monday, Nov. 25, 2019. Powell and Federal Reserve Bank of Boston President Eric Rosengren toured a working-class neighborhood in East Hartford and met with residents to get a closer look at their challenges. (AP Photo/Steven Senne)
November 25, 2019 - 6:28 pm
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest rates won’t likely be necessary anytime soon. Powell says that even with unemployment near a 50-year low of 3.6%, there’s still “plenty of room” for...
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