Inflation

A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
October 30, 2019 - 2:49 pm
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it indicated that it won't cut again in the coming months unless the economic outlook worsens. The Fed's move...
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In this Oct. 9, 2019, photo, Joe Schiavone, 81, is seen in his home in West Melbourne, Fla. Schiavone will get a modest cost-of-living increase from Social Security for 2020,a political year in which many Democrats are calling for a boost in basic benefits and a more generous formula to compute annual inflation adjustments. (AP Photo/Mike Brown)
October 10, 2019 - 8:48 am
WASHINGTON (AP) — Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a month for the average...
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FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 3:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Downward revisions to the government's hiring data, announced in...
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Marcel Cineus, left, keeps an eye on a customer browsing his book stand at a market in Petionville, Port-au-Prince, Haiti, Wednesday, Oct. 2, 2019. School was supposed to start in early September, and Cineus by now would have already sold a couple hundred of books. But violent protests that have shuttered public schools and businesses and left Haiti’s economy sputtering amid ballooning inflation as the opposition demands the resignation of President Jovenel Moïse meant Cineus only sold less than a dozen books last month. (AP Photo/Rebecca Blackwell)
October 03, 2019 - 8:54 am
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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Protestors calling for the resignation of Haitian President Jovenel Moise march toward the National Palace before being stopped by police in Port-au-Prince, Haiti, Tuesday, Oct. 1, 2019. While there were sporadic demonstrations on Tuesday, another protest scheduled for Wednesday threatened to once again paralyze Haiti's capital and nearby communities, which have endured violent demonstrations for nearly a month as anger grows over corruption, spiraling inflation and dwindling supplies of food and gasoline. (AP Photo/Rebecca Blackwell)
October 02, 2019 - 9:48 am
PORT-AU-PRINCE, Haiti (AP) — The operation dubbed "Find Jovenel Moïse" organized by opposition leaders demanding the resignation of Haiti's president ended abruptly when he appeared at the National Palace early this week following violent protests in which several people were killed. Haitians had...
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Speaker of the House Nancy Pelosi, D-Calif., arrives for a closed-door meeting with the House Democratic Caucus, Wednesday, Sept. 18, 2019, at the Capitol in Washington. (AP Photo/J. Scott Applewhite)
September 19, 2019 - 5:12 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi, trying to seize the agenda on a top consumer issue, announced an ambitious prescription drug plan Thursday that would allow Medicare to negotiate prices for seniors and younger people. The proposal would direct Medicare to bargain over as many as 250,...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
Associated Press
September 18, 2019 - 4:49 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed's move reduced its key short-term rate — which influences many consumer and business loans — by an...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 16, 2019 - 12:37 pm
WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump's trade war with China. After that, no one — not even the Fed itself — seems sure what it will...
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FILE - In this Thursday, Aug. 17, 2017, file photo, solar tech Joshua Valdez, left, and senior plant manager Tim Wisdom walk past solar panels at a Pacific Gas and Electric Solar Plant, in Dixon, Calif. U.S. wholesale prices edged up a slight 0.1% in August 2019 as energy prices took a big plunge, a further sign that inflation is remaining tame. The Labor Department says the gain in its producer price index, which measures inflation pressures before they reach the consumer, followed a modest 0.2% rise in July. Core inflation, which excludes food and energy, was up a stronger 0.3%. (AP Photo/Rich Pedroncelli, File)
September 11, 2019 - 8:59 am
WASHINGTON (AP) — U.S. wholesale prices edged up a slight 0.1% in August as energy prices took a big plunge, a further sign that inflation is remaining tame. The Labor Department said Wednesday that the gain in its producer price index, which measures inflation pressures before they reach the...
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August 30, 2019 - 11:18 pm
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday on legislation that would cap how rapidly rents can rise as the state grapples with a housing crisis. The deal would cap annual rent increases at 5% plus inflation, with a 10% maximum...
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