Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.
Tag: Consumer Behavior
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Restaurant Chains Make It Cost More to Be Loyal
Recent changes to rewards programs at places like Dunkin’ and Starbucks mean customers must pay more before perks kick in. The companies blame inflation.
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The Fed’s Preferred Inflation Gauge Sped Back Up
Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
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Retail Sales Surge as Prices Rise and Shoppers Keep Buying
Consumer spending jumped in January, which was good news for retailers but could weigh on the Federal Reserve’s efforts to tame rapid inflation.
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From Pepsi to Ben & Jerry’s, Big Brands Keep Raising Prices and Stoking Inflation
Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say that prices will remain high in the months to come.