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Inflation

Wage increases seem to be slowing after more than a year of strong gains

by Mitchell Hartman
Apr 6, 2023
That's good news for in the fight against inflation, as long as consumers don't cut spending so much that the economy tips into recession.
Lower-wage workers, including those in the service industry, have seen some of the strongest wage gains in recent years.
Brandon Bell/Getty Images
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What Argentina’s inflation crisis says about trust in economic institutions

by Reema Khrais and Richard Cunningham
Apr 4, 2023
"It really is important to remember that confidence and trust really underpin our financial system," says Emily Stewart of Vox.
"You have to be pretty savvy to survive in the economy [in Argentina], because your money obviously is constantly losing value," says Vox's Emily Stewart.
Juan Mabromata/AFP via Getty Images
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A Fed president on remedies for inflation, banking supervision, and the possibility of recession

by David Brancaccio , Jarrett Dang and Meredith Garretson
Apr 3, 2023
A conversation with Susan M. Collins, president of the Federal Reserve Bank of Boston.
Federal Reserve Bank of Boston Chair Susan Collins stands with "Marketplace Morning Report" host David Brancaccio in Washington, DC.
Meredith Garretson/Marketplace
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Consumers believe we'll see lower inflation and a strong job market later this year

by Justin Ho
Mar 31, 2023
But they plan to pull back on discretionary spending.
Consumers are increasingly pessimistic about the economy, according to the latest consumer confidence data.
Joe Raedle/Getty Images
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It's been one year since the Fed started raising interest rates to curb inflation

by Kristin Schwab
Mar 23, 2023
Back then it seemed like inflation might be what economists call "transitory." But here we are.
Economist Laurence Ball said many people including Fed Chairman Jerome Powell dismissed the inflation issue initially.
Chip Somodevilla/Getty Images
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Fed ups rates by quarter percentage point amid inflation worries and a bank crisis

by Nancy Marshall-Genzer
Mar 23, 2023
Jerome Powell says the Fed is committed to getting inflation down to 2%.
Fed chair Jerome Powell announced further interest rate hikes Wednesday amid ongoing banking turmoil.
Alex Wong/Getty Images
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Banks in Turmoil

Federal Reserve raises key rate by quarter-point despite bank turmoil

by Associated Press
Mar 22, 2023
The central bank also signaled that it’s likely nearing the end of its aggressive series of rate hikes.
In a statement it issued, the central bank removed language that had previously indicated that it would continue raising rates at upcoming meetings.
Kevin Dietsch/Getty Images
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One mom on what the end of additional SNAP benefits means for her family

by Samantha Fields
Mar 21, 2023
Millions of people have had their benefits cut by at least $95 a month, at a time when food prices are up almost 10%.
Mansie Meikle with her 4-year-old daughter.
Samantha Fields/Marketplace
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Banks in Turmoil

How freaked out are consumers these days?

by Matt Levin
Mar 17, 2023
Consumer sentiment isn't as gloomy as the failure of Silicon Valley Bank might lead you to expect.
According to a University of Michigan survey, consumer sentiment fell this month. But people seem to be more worried about their grocery bills and dwindling savings than about tremors in the financial system.
Mario Tama/Getty Images
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What something called "supercore inflation" can tell us about the current economy

by Stephanie Hughes
Mar 15, 2023
It’s a spending category that looks at core services other than housing. The Fed says it could be key to understanding the future of inflation.
Paying for a haircut or hiring a landscaper are all purchases measured in supercore inflation. The price of these services can also be linked to the wages people are paid to do them.
Hispanolistic/Getty Images
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