Inflation&#39;s Renewed Muscle
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The array of US economic reports for October released Nov. 17 sent a shot across the bow of the Federal Reserve. Stronger-than-expected numbers on consumer-level inflation, the housing sector, and manufacturing will leave Alan Greenspan &amp; Co.
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U.S. inflation appears to have   decelerated since the last Federal Reserve meeting, convincing   investors the central bank will opt to keep rates steady again   on Wednesday.
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WASHINGTON: New data yesterday showed US inflation in check, with consumer prices up a modest 0.1 per cent in August, giving the Federal Reserve room go slow on boosting interest rates.
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US inflation rose more quickly than expected in May, as higher petrol costs hit consumer prices.
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Now that the second quarter&#39;s soft patch in the US economy has been revised up to show growth of 3.3 percent, economists are turning their attention to the post-soft patch, or regaining traction, period.
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The Federal Reserve is expected to nod to signs of easing inflation when policy-makers meet next week, but with signs U.S. economic growth is reviving, inflation looks set to remain its main concern.
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US Federal Reserve members saw evidence earlier this month that economic conditions were strengthening while inflation risks remained to the &quot;upside,&quot; according to minutes released Wednesday.
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(Washington-AP) Nov. 17, 2004 - The Labor Department&#39;s Consumer Price Index shows a larger-than-expected gain, but combined with Thursday&#39;s reading on wholesale inflation, analysts say the picture is one where
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WASHINGTON -- Wholesale inflation posted a better-than-expected reading in June as both food and energy costs retreated while industrial production staged a strong rebound.
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Core U.S. consumer prices rose 0.2  percent as expected in August, but the year-on-year rate of  nonfood, nonenergy inflation rose to 2.5 percent, the highest  level in more than eleven years, a Commerce Department report  showed on Friday.
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WASHINGTON -- Inflation slowed last month as Americans finally got a break at the gas pump, lifting consumers' spirits and easing fears the country could stumble into recession.
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U.S. inflation remains well  contained but the Federal Reserve is on high alert for signs of  any pick-up in prices, top policy-makers said on Wednesday.
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If you&#39;ve noticed that the price of everything from milk to gasoline to automobiles seems to be going up, you&#39;re as observant as Federal Reserve chairman Alan Greenspan.
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Renewed US tensions with Iran help to fuel the price surge which could threaten efforts to control inflation.
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Why the housing bust and inflation havenât deterred American consumers â yet.
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The government&#39;s most closely watched inflation measure, the Consumer Price Index, increased 0.2 percent in September, up from a 0.1 percent rise in August, the Labor Department reported Tuesday.
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Consumer prices rose faster than most workers' wages last year, as surging energy prices pushed inflation to the highest level in four years, the Labor Department said yesterday.