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As some CPI data lags, economists consider new rental data to better understand where housing costs are now.
Year-over-year inflation figures grab a lot of attention when the Labor Department reports its monthly consumer price index. But those 12-month figures can gloss over the recent slowdown in inflation.
The cost of car maintenance and repair is rising much faster than inflation.
The investor and college president calls the Fed’s stance backward-looking and worries that more rate hikes may lead to a recession.
As supply chains normalize and labor demand slackens, prices and wages are cooling off.
Rates truckers are paid have plummeted by more than half since 2021, accounting for inflation. Meanwhile, costs have only risen.
Consumers have been sticking with Procter & Gamble. But if high prices make shoppers trade down, the company has products for them too.
You might’ve heard of the “wage-price spiral.” Does a similar phenomenon exist when it comes to corporate profits?
Retail sales were soft but not terrible in June. More importantly they are at least keeping up with inflation, and don’t foreshadow a recession.
The U.S. is finally seeing inflation cool down, but other countries, especially in Europe, are still seeing prices spike.
