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Tag: Consumer Price Index

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Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6 percent, up from its prior estimate of 2.2 percent, sending signals that price pressures won’t dissipate for...
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Inflation in US Alarmingly High But Might Ease Next Year
Inflation in the United States is not showing any signs of abating. On Dec. 10, the Labor Department reported that consumer prices rose 6.8 percent in November compared to a year ago. This is the...
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9 in 10 Americans Are Worried About Inflation, But Solutions Are Limited
Americans across the country are bracing themselves up for a financially difficult holiday shopping season due to a spike in the prices of essential items in recent months. The prices of necessities like food, gas,...
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Pricier Thanksgiving Turkey This Year, Warns Butterball CEO
With Thanksgiving approaching, people have begun preparing for the celebration. However, high demand and rising inflation means that this year’s Thanksgiving might be pricier than last year. In an interview with Fox Business Network, Jay...