Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits, amid a partisan fight on fiscal policy.
Tag: Inflation (Economics)
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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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U.K. Inflation Eases to 10.1 Percent, but Food Prices Push Higher
January was the third month of declines in the inflation rate, but the double-digit increase shows Britain’s cost-of-living crisis persisting.
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Inflation Cooled Just Slightly, With Worrying Details
Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
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A Surprise Pick to Lead the Bank of Japan Faces a Wrenching Choice
Kazuo Ueda is set to replace the longtime governor who helped put the country on an unorthodox monetary path. Will he change course?