Prices (Fares, Fees and Rates) – Page 88

Pay growth and prices picked up, keeping the Fed on track for rate increases.

The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.

Why workers’ pay has become central to inflation debates.

The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.

A package of tax increases, lower drug prices and other provisions aimed at reducing the federal budget deficit could alleviate rapid price gains.

Americans spent only a little more in the second quarter overall, as a decrease in purchases of stuff was offset by experiences.