The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
Headline inflation was at its lowest in five years, but a global oil price shock has made the reading a bit stale.
The Consumer Price Index rose as expected in December, according to data released Tuesday by the Bureau of Labor Statistics, as economists remain skeptical about the accuracy of recent economic data ...
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