The Federal Reserve may have pretty much just hit its 2% inflation target
In fact, economists at Goldman Sachs think the Fed may already be there. Source link
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consumer prices
Here’s the inflation breakdown for September 2024 — in one chart
Inflation fell in September as gasoline prices declined and housing inflation moderated, according to the consumer price index. Source link
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Social Security Administration announces 2.5% cost-of-living adjustment for 2025, lowest increase since 2021
The Social Security Administration has announced a 2.5% cost-of-living adjustment for 2025. Source link
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Türkiye ‘disinflation’ pushes price gains below 50% in September
Türkiye ‘disinflation’ pushes price gains below 50% in September | Daily Sabah Daily Sabah Turkish Inflation Surprises With Less-Than-Expected Slowdown Bloomberg Hard
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Here’s the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.
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MTP aims to bring inflation down to single digits: Turkish VP
MTP aims to bring inflation down to single digits: Turkish VP | Daily Sabah Daily Sabah Source link
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Here’s the inflation breakdown for August 2024 — in one chart
The consumer price index rose by 2.5% in August, on an annual basis. It was the lowest reading since February
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Consumer prices rose 0.2% in August with core inflation higher than expected
The consumer price index was expected to increase 0.2% in August and 2.6% from a year ago. Source link
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Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday,
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