Breaking: US Core PCE inflation increases to 4.7% vs. 4.6% anticipated

Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, rose to 4.4% on a yearly basis in April from 4.2% in March, the US Bureau of Economic Analysis reported on Friday. This reading came in higher than the market expectation of 3.9%. The increase in the annual Core…

Inflation slows to 6.8%, but the RBA’s champagne may still be on ice

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Inflation, high demand driving up launch prices

WASHINGTON — A tight launch market, coupled with high inflation, has driven up launch prices in the last year, putting a squeeze on customers. At the recent Satellite 2023 conference, industry officials said they saw evidence of growing prices in the last year. Growing demand along with a constrained near-term supply that some have dubbed…

6 Money Tips to Face Inflation Head-On

Inflation is the general increase in the price of goods and services over time. This can erode the value of your investments as money’s purchasing power decreases over time. By investing in assets known to hedge against inflation, you can help safeguard your investments from its damaging effects. With the rising cost of goods and…

Lebanon inflation soared 124% in January as economic crisis continued

Inflation in Lebanon hit an annual rate of about 124 per cent in January as the country’s worst economic and financial crises in decades continued amid a political deadlock that has blocked the formation of a new government and the enactment of reforms required to unlock billions of dollars in aid.Hyperinflation continued for the 31st…

Cooling US inflation lifts hope for smaller Fed rate hike

(UPDATED) WASHINGTON, D.C.: Slowing inflation and a cooling property sector are fueling expectations that the US central bank can adopt a smaller interest rate hike this week, as policymakers assess current efforts to rein in prices.As consumer inflation rocketed to decades-high levels last year, the Federal Reserve (Fed) raised rates seven times in an aggressive…

Will High Inflation, Recession Fears Cause a Drop in Remodeling?

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Lebanon inflation rate increases 189% in first 11 months

The country’s Consumer Price Index in November surged to 142.4%, with the cost of water, electricity, gas and other fuels rising more than four timesA street seller stands by his cart near a closed Bank of Beirut branch in Beirut. Reuters Beta V.1.0 – Powered by automated translationInflation in Lebanon increased an average 189.4 per…

A Look Back at Inflation in 2022

With the new year right around the corner, you may be wondering what’s in store for the economy in 2023. To help ensure your financial success, here are some insights into the recent impacts of inflation. What happened in 2022? This year proved to be a tumultuous time for many due to the rising costs…

EU Says Recession Is Now Here and Inflation Shock Will Linger On

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