by Jonnathan Pulla Velecela | May 10, 2023 | Inflation
Inflation is expected to slow, but barely in the Consumer Price Index report to be released on Wednesday at 8:30 am. Here are five things to keep an eye out for: April showers bring… more headaches for the Fed? Economists forecast inflation to rise 0.4 percent on a...
by Jonnathan Pulla Velecela | Apr 5, 2023 | Inflation
When Diego Zapata (49) decided to buy his 2022 Nissan Sentra, he didn’t expect it to be a bumpy ride. He was working 60 hours a week as a porter at a grocery store for most of last year, including the winter season, and thought buying a vehicle was not only going to...
by Jonnathan Pulla Velecela | Mar 21, 2023 | Inflation
Inflation slowed down slightly in February but remains stubbornly high, which could force the Federal Reserve’s hand to continue to raise interest rates to bring it down. The Consumer Price Index for February shows prices increased by 6.0 percent on a year to year...
by Jonnathan Pulla Velecela | Mar 1, 2023 | Uncategorized
Consumer Price Index inflation decreased to 6.4 percent on an annual basis. Inflation continued to slow on an annual basis in January, but it picked up on a monthly basis, which could lead the Fed to raise interest rates higher than previously expected. The...
by Rachael Levy | Feb 28, 2014 | Personal Income
February 21, 2014 By Rachael Levy The cost of living in the U.S. rose slightly in January, reaffirming the economy’s sluggish recovery. The 0.1 percent increase in the consumer price index, reported Thursday by the Labor Department, was in line with economists’...