Election 2024My Analog LifeI've Always Wondered ...My Economy

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Inflation

I've Always Wondered ...

Does the Fed actually set interest rates?

by Janet Nguyen
Jul 26, 2024
The Fed has a series of tools in its arsenal to influence interest rates, including the all-important federal funds rate.
When interest rates go down, the cost of borrowing money goes down too.
NanoStockk/Getty Images Plus
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Election 2024

Biden White House has a lot on its economic plate before term ends

by David Brancaccio and Ariana Rosas
Jul 26, 2024
Lindsay Owens of the Groundwork Collaborative points to relief from junk fees and medical debt as well as policy fights around taxes.
President Joe Biden speaking in Chicago about his "Bidenomics" economic agenda.
Andrew Caballero-Reynolds/AFP via Getty Images
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Election 2024

Fact-checking the economic claims in Donald Trump’s convention speech

by Sabri Ben-Achour , Ariana Rosas , Nic Perez and Meredith Garretson
Jul 19, 2024
Alan Rappeport, economic policy reporter at The New York Times, examines the former president's assertions about inflation, taxes and energy.
Alex Wong/Getty Images
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Why do weddings cost so much? 

by Janet Nguyen
Jul 12, 2024
The average cost of a wedding reached $33,000 in 2023. Expenses can add up quickly as couples face pressure to put on the perfect celebration.
The average cost of a wedding this year is $33,000, according to wedding registry service Zola.
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Sticky shelter prices make Fed's 2% inflation target hard to reach

by Stephanie Hughes
Jul 11, 2024
Housing costs rose 5.2% in June from a year earlier, pulling up the consumer price index.
Housing is in a supply crunch, which is keeping costs high and inflation from dropping further. But that doesn't mean the Fed won't cut rates.
Spencer Platt/Getty Images
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Climate change is expensive, and it could add to overall inflation

by Amy Scott and Sofia Terenzio
Jul 11, 2024
High temperatures can lead to price spikes and headline inflation, a study finds. Sarah Kaplan of The Washington Post explains.
Global olive oil prices have surged after extreme heat and drought in Europe last year cut production nearly in half, says Sarah Kaplan of The Washington Post.
Cristina Quicler/AFP via Getty Images
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Inflation's down for the third straight month. But is that enough for the Fed to cut interest rates?

by Daniel Ackerman
Jul 11, 2024
The short answer? You can never have enough data.
As Americans wait for the Fed to cut interest rates, inflation continues its downward trend.
Kevin Dietsch/Getty Images
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Real earnings outpace inflation, helping consumers offset price growth

by Mitchell Hartman
Jul 11, 2024
Raises in real earnings help offset price increases but not all consumers share the benefits equally.
Even though real earnings have recently outpaced inflation, consumer sentiment is still pretty glum.
Frederic J. Brown/AFP via Getty Images
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Small-business optimism climbs, but inflation agita persists

by Elizabeth Trovall
Jul 9, 2024
The mood among businesspeople is better than it has been this year, but they're still more pessimistic than the historical average.
High costs remain top of mind for many small-business owners, according to a survey from the NFIB
Scott Olson/Getty Images
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Stocks are up, but so are consumer prices. What's the connection?

by Daniel Ackerman
Jul 8, 2024
Investors are often wary of inflation. But those higher prices can bring benefits to companies.
Inflation has eased, the Federal Reserve has held interest rates steady and stocks have been making new highs.
Michael M. Santiago/Getty Images
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