inflation

Heading into winter, the price of residential propane is higher than it’s been in 10 years.

Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.

Consumers are seeing rising prices for food, particularly beef, pork and poultry. That’s forcing some to shift their eating habits.

But inflation will eat into the raise.

The consumer price index rose 5.4% year over year, as consumers’ inflation expectations hit a series high of 5.3%, the New York Fed said.

Mary Daly weighs in on inflation, the debt ceiling impasse and why public trust is essential for monetary policymakers at the central bank.

Inflation is eating away at incomes while the delta variant is discouraging consumers from going out and spending.

Probably through next year, but maybe even longer.

The yield on the 10-year Treasury note surged to its highest level in three months this morning.

These prices may be a bellwether of where domestic or worldwide inflation are headed, says Cornell economist Eswar Prasad.