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PublishedAugust 10, 2023
Progress on inflation stalled in July, as prices nudged up
After more than a year of steady declines, inflation is ticking up again. But economists say this is just a temporary blip.
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PublishedJuly 26, 2023
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation
Coming on top of its previous rate hikes, the Fed’s latest move could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
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PublishedJuly 26, 2023
As inflation falls, Republicans may have to rethink attacks on Biden economy
Soaring prices have given Republican lawmakers a powerful talking point, but its potency may begin to fade.
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PublishedJuly 12, 2023
Inflation drops to lowest levels since March 2021 as economy cools
Wages are now rising faster than prices. The Federal Reserve isn’t ready to declare victory yet, since inflation isn’t consistently falling yet.
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PublishedJune 13, 2023
U.S. inflation slows, giving room for Fed to pause rate hikes
The Fed will likely announce that it’s skipping a rate hike but may resume raising rates as soon as July.
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PublishedMay 10, 2023
U.S. prices stay high, showing inflation pressures persist
Inflation eased for a 10th straight month, but prices are still increasing faster than normal.
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PublishedApril 12, 2023
Cheaper gas and food provide some relief from U.S. inflation
Consumer prices were up just 5% in March, down sharply from February’s 6% year-over-year increase and the mildest such rise in nearly 2 years.
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PublishedMarch 14, 2023
U.S. consumer prices ease but stay high, putting Fed in tough spot
With the recent collapse of Signature and Silicon Valley banks, the agency may have to shift its focus from taming inflation to boosting confidence in financial institutions.
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PublishedFebruary 14, 2023
U.S. inflation slows to 6.4%, but price pressures reemerge
High costs keep pressure on the Federal Reserve to raise its benchmark interest rate further and to keep it there through year's end.
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PublishedJanuary 31, 2023
Small Midcoast farms reluctantly hike egg prices for the first time in years, but not for same reason as big farms
National egg distributors claim avian flu as the culprit for soaring egg prices, but local farmers attribute it to rising fuel and feed costs.
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