Inflation

March 03, 2017 - 12:01 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen is signaling that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate. Yellen also says in a speech in Chicago that the Fed...
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A goose starts for a flight over the river Main with the buildings of the banking district in background in Frankfurt, Germany, Tuesday evening, Feb. 28, 2017.(AP Photo/Michael Probst)
March 02, 2017 - 4:00 am
BRUSSELS (AP) — Inflation across the 19-country eurozone has moved above the European Central Bank's target for the first time in four years. Official figures Thursday from statistics agency Eurostat show consumer prices were 2 percent higher in the year through February. That was up from the 1.8...
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FILE - In a Thursday, Feb. 9, 2017 file photo, stock traders follow market activity, at the New York Stock Exchange. Bond yields climbed again on Wednesday, Feb. 15, 2017, and U.S. stocks held close to their record highs after more reports showed the economy continues to strengthen. (AP Photo/Mark Lennihan, File)
February 15, 2017 - 9:55 am
NEW YORK (AP) — Bond yields climbed again on Wednesday and U.S. stocks held close to their record highs after more reports showed the economy continues to strengthen. The encouraging data could push the Federal Reserve to raise interest rates sooner rather than later in its gradual move away from...
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This Wednesday, Feb. 8, 2017, photo shows a sale sign in a J.C. Penney store in Pittsburgh. On Wednesday, Feb. 15, 2017, the Labor Department reports on U.S. consumer prices for January. (AP Photo/Gene J. Puskar)
February 15, 2017 - 7:54 am
WASHINGTON (AP) — U.S. consumer prices rose in January at the fastest pace in nearly four years, strengthening the case for the Federal Reserve to raise interest rates this year. The Labor Department said Wednesday consumer prices rose 0.6 percent last month, most since February 2013 and twice what...
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FILE - This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset, in lower Manhattan. Stock markets around the world downshifted into neutral on Tuesday, Feb. 14, 2017, and U.S. indexes were close to flat in early trading. Bond yields were also steady, while the price of oil rose. (AP Photo/Mary Altaffer, File)
February 14, 2017 - 2:50 pm
NEW YORK (AP) — Bank stocks rallied Tuesday on hopes that bigger profits are ahead, and the gains were enough to offset weakness elsewhere in the market and push U.S. indexes further into record territory. Bond yields rose after Federal Reserve Chair Janet Yellen said the central bank is still on...
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FILE - This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset, in lower Manhattan. Stock markets around the world downshifted into neutral on Tuesday, Feb. 14, 2017, and U.S. indexes were close to flat in early trading. Bond yields were also steady, while the price of oil rose. (AP Photo/Mary Altaffer, File)
February 14, 2017 - 9:50 am
NEW YORK (AP) — Stock markets around the world downshifted into neutral on Tuesday, and U.S. indexes edged lower in early trading a day after setting record highs. Bond yields climbed after Fed Chair Janet Yellen told Congress that the Fed is still on track for more interest rate increases and...
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FILE - In this Thursday, Nov. 17, 2016, file photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the Joint Economic Committee. Yellen will be pressed to clarify the Fed’s outlook for interest rates and its view of the uncertainties of President Donald Trump’s economic program when she gives her semiannual testimony to Congress beginning Tuesday, Feb. 14, 2017. The Fed is widely expected to hold off on its next interest rate increase until its June meeting. (AP Photo/Susan Walsh, File)
February 14, 2017 - 9:33 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit. Testifying to Congress for the first time since President Donald...
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FILE - In this Friday, April 15, 2016, file photo, fresh eggs are packaged for sale at the Quill's End Farm, a small family run operation in Penobscot, Maine. On Tuesday, Feb. 14, 2017, the Labor Department releases is producer price index for January, which measures price changes before they reach consumers. (AP Photo/Robert F. Bukaty, File)
February 14, 2017 - 7:38 am
WASHINGTON (AP) — Higher costs for gasoline costs helped fuel a rise in U.S. wholesale prices in January, but overall inflation still appears to be in check. Producer price index, which measures price changes before they reach consumers, increased 0.6 percent between January and December, the Labor...
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February 06, 2017 - 10:03 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says that its monetary stimulus efforts are still very much needed to support the continent's economic recovery — despite the recent spike in inflation in the countries that use the euro currency. Mario Draghi told members of the...
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FILE - In this Wednesday, June 22, 2016, file photo, Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, before the House Financial Services Committee hearing on U.S. monetary policy. On Wednesday, Feb. 1, 2017, the Federal Reserve left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration. (AP Photo/Manuel Balce Ceneta, File)
February 01, 2017 - 3:02 pm
WASHINGTON (AP) — The Federal Reserve has left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration. At the same time, the Fed pointed to improved sentiment among consumers and businesses. And it said it had...
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