Inflation

U.S. inflation soared 7% in past year, the most since 1982 Fallback Image Decorative pattern

Economic Indicators

U.S. inflation soared 7% in past year, the most since 1982

Core prices jumped 5.5% year over year in the United States, the highest such increase since 1991, driven in part by mismatches between demand and supply

By Christopher Rugaber, The Associated Press |January 12, 2022

4 min read

`If we have to raise interest rates more over time, we will,’ Powell says `If we have to raise interest rates more over time, we will,’ Powell says

Economic Indicators

`If we have to raise interest rates more over time, we will,’ Powell says

The Fed chair said Tuesday that inflation poses a major threat to the job market

By Christopher Rugaber, The Associated Press |January 11, 2022

4 min read

U.S. unemployment sinks to 3.9% as many more people find jobs Fallback Image Decorative pattern

Economic Indicators

U.S. unemployment sinks to 3.9% as many more people find jobs

Wages also rose sharply in December, with average hourly pay jumping 4.7%

By Christopher Rugaber, The Associated Press |January 7, 2022

5 min read

Inflation hits record of 5% in 19 countries using the euro Inflation hits record of 5% in 19 countries using the euro

Economic Indicators

Inflation hits record of 5% in 19 countries using the euro

Energy costs jumped 26%, Eurostat reports, while food price increases also contributed to European inflation

By The Associated Press |January 7, 2022

2 min read