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The PCE and CPI measure different things, but the message they send to consumers may influence expectations — that then can affect inflation.
OER, a component of the consumer price index, involves homeowners’ estimates of what their residence would rent for.
Tariffs won’t go away altogether. Some reduction could impact prices, but not immediately.
The core measure strips out food and energy prices, two of the biggest contributors to inflation today.
Home furnishing sales went up 7.2% month over month in January, but why are people buying so much furniture?
The rising cost of food is hitting restaurants — and they can only raise prices so much before customers balk.
For many Americans, rents are rising much faster than official numbers suggest.
The program will help state and tribal governments purchase locally produced food for nutritional assistance programs like food banks and school cafeterias.
Beset by economic instability since 9/11 and the Great Recession, many millennials feel pressured and anxious about their prospects.
While prices are rising for consumers, that’s not discouraging them from making purchases.