Americans are bracing for high inflation to stick around over the next few years, according to a key Federal Reserve Bank of New York survey published Monday. The median expectation is that ...
On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November ...
The New York Fed’s survey mirrors recent findings from the University of Michigan’s poll of consumers, which showed year-ahead inflation expectations in early May rose to a six-month high ...
It has taken economists a while to come to better grips with something experts in supply chain management have known for ...
The progress on inflation has been frustratingly slow this year.The most recent evidence was found in the Consumer Price Index (CPI), which increased by 3.4% from a year ago in April, from 3.5% in ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
Voters may be able to stomach the painful medicine of monetary tightening to stanch inflation, but with both price hikes and interest rates staying higher than most generations have experienced, Biden ...
The dollar made a steady start to the week, as investors were focused on U.S., European and Japanese inflation data to guide ...
(Reuters) - Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases, according to a report released on Monday by the ...