Consumer Price Index

Business economists expect high inflation through 2023

Business economists expect  inflation to increase in the fourth quarter and stay elevated for years, according to a new survey.

Significant majority in poll believe US recession likely in the next 12 months

Three quarters of individuals in a recent poll believe that the nation will likely face an economic recession during the next 12 months, The Hill reported, citing a Hill-HarrisX survey which found that 33% view a recession as "very likely," while 42% think that a recession is "somewhat likely."

Biden claims Americans aren’t clever enough to understand the supply chain crisis and concedes that his stimulus checks fueled spike in inflation

President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.

US consumer prices rise at fastest pace in three decades

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.

MSNBC Calls Rising U.S. Inflation a Sign of ‘Rapid Recovery’

Mainstream news piece tells Americans they shouldn't be "afraid" of 30-year high consumer prices.

‘It’s a melt-up’: U.S. stocks are on an unusually strong run heading into the holidays

‘Stocks are loving the very easy monetary policy,’ says a portfolio manager

Billionaire Supermarket Owner Warns: Food Prices Will Go Up ‘Tremendously’

The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months.

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Survey of small businesses finds optimism falling as Democrats push for tax hikes

Optimism among small business owners has plummeted as Democrats race to raise taxes amid rising inflation, according to a new poll by a right-leaning...

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

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