With many Americans worried about prices, it’s worth looking at whether workers’ wages have been rising quickly enough to ...
For the first time in three years, Americans’ wages are no longer outpacing inflation.
Australia’s inflation rate surged 1.1% in March, driven by a record jump in fuel prices, making an interest rate hike next Tuesday more likely. The consumer price index (CPI), released today, rose to ...
Inflation in the euro zone jumped in April, flash data showed Thursday First quarter GDP data also showed a limping regional economy. The data prints come ahead of the European Central Bank's next ...
The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
The U.S. economy rebounded a bit in April from the near-stagnation seen in the prior month, but the overall inflation picture is now the most worrying since 2022. S&P Global’s index of service ...
U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the war with Iran.
Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday. The Personal Consumption Expenditures ...
Consumer prices surged 3.8% in April from a year ago, according to the Labor Department. We hear from people who are feeling the effects of inflation and how they're dealing.
The Sensitive Price Indicator (SPI), which monitors weekly inflation, has been on a sharp upward trajectory for many weeks, largely due to spillover effects of the Israel-US war on Iran. For the week ...
Prices in Germany rose by 2.9% in April compared with the same month last year, according to preliminary figures from the Federal Statistical Office. This marks the highest inflation rate in Europe’s ...
Arindrajit Dube has spent his career producing exactly this kind of evidence. In The Wage Standard, he puts it all together—and makes the case that workers have been leaving money on the table. A ...