The consumer price index jumped 4.2% in May versus a year earlier, its highest level in more than three years, according to the U.S. Bureau of Labor Statistics. Gasoline and other energy prices surged ...
John Schmidt is the Former Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate ...
Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured.
The latest inflation numbers aren’t especially encouraging for Warsh. He's a fan of so‑called trimmed‑mean inflation, which ...
While crude oil prices soar above triple digits amid the ongoing disruption to shipping through the Strait of Hormuz, President Donald Trump‘s next political crisis may already be taking shape at the ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
USDJPY faces a potential breakout above 162 as sticky U.S. inflation keeps Fed rate hike bets alive while the Bank of Japan ...
The consumer price index rose 2.4% in February from a year earlier, unchanged from January, according to the Bureau of Labor Statistics. That's still slightly above policymakers' long-term inflation ...
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