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What does this mean for their anti-inflation strategy?
It’s a sneaky tactic to hide inflation: reduce a product’s size, but not its price.
Many have higher expenses and are raising prices, but more consumers now have a taste for their relatively inexpensive meals.
Wages increased 1% in Q4. Inflation is also slowing. All that could impact whether — and by how much — the Fed hikes interest rates.
Inflation’s been running hotter in areas that people have been moving into — and cooler where they’re moving out.
Until recently, consumers had been spending less on goods and more on services. That’s changing. Here’s what it could mean for inflation.
Housing is one of the biggest parts of inflation, but current metrics lag by about a year. The new tenant repeat rent index aims to change that.
The personal consumption expenditures price index, better known as the PCE, tracks what we paid for goods and services in the previous month.
In Southern California and South Carolina, businesses are looking for loans. But in the Midwest, owners are hesitant to borrow.
Some officials want a 0.75% rate hike at the next meeting. Others think a 0.5% increase is enough.