U.S. Inflation

• U.S. Fed holds interest rates steady but signals future hikes could be needed

  The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.

  U.S. News

  Sep 20
  
• U.S. inflation falls to the lowest level in 2 years. What it means for rates

  Inflation in the U.S. cooled last month, rising just 0.1 per cent from April to May and extending the past year's steady easing of inflation.

  Money

  Jun 13
  
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• U.S. inflation cools slightly in April, but prices still elevated 

  Consumer prices in the U.S. accelerated in April after months of declines, with measures of underlying inflation suggesting that rising costs could persist for months to come.

  Economy

  May 10
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• U.S. layoffs have hit their highest level in two years

  U.S. job openings fell for a third straight month in March and layoffs increased to the highest level in more than two years, suggesting some softening in the labour market.

  Economy

  May 2
• U.S. inflation cools in March – but is it enough for the Fed to pause rate hikes?

  U.S. consumer inflation eased in March, with less expensive gas and lower food prices providing some relief to American households.

  Economy

  Apr 12
• Bitcoin tops US$30K for first time since June. What’s behind the rally?

  Bets for a peak in U.S. rates in coming months spurred leading cryptocurrency bitcoin to top US$30,000 for the first time since June.

  Money

  Apr 11
• U.S. inflation eases but remains high, putting Fed in tough spot amid SVB fallout

  U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve.

  Economy

  Mar 14
• High egg costs in U.S. should be investigated for signs of price gouging: farm group

  The U.S. Department of Agriculture has pointed to a record outbreak of avian flu as a reason for the high prices, but a farm group said high egg price should be examined.

  U.S. News

  Jan 21
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• U.S. inflation eases again. Will 2023 be a ‘year of disinflation’?

  Inflation eased to 6.5 per cent in December compared with 12 months earlier, the government said Thursday, and even declined month-to-month.

  Money

  Jan 12
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• As U.S. Federal Reserve plans to keep rates high, recession fears grow

  The Fed is especially worried that a worker shortage in the labour-intensive services sector could keep pay growth high and make inflation more intractable.

  U.S. News

  Dec 16, 2022