Consumer Prices Climb; Jobless Claims Up
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Consumer prices barely budged in August, suggesting that inflation isn&#39;t currently a problem for the economy and Federal Reserve policy-makers can stick with a gradual approach to raising interest rates.
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The number of U.S. workers filing  new claims for jobless aid shot up last week with its biggest  increase in nine months, raising expectations the Federal  Reserve will further reduce interest rates to stimulate the  economy.
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US consumer prices rose modestly in November as energy costs that had shot up a month earlier and fanned inflation fears posted only a small gain last month, the Labor Department said on Friday.
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A steady rise in food and energy  costs pushed overall U.S. consumer prices up 0.7 percent in  May, the sharpest rise in 1-1/2 years, a government report  showed on Friday.
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US consumer prices increased by 0.2 percent in September following a smaller gain of 0.1 percent in August, the Labor Department reported on Tuesday.
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The number of U.S. workers filing new claims for jobless aid shot up last week with its biggest increase in nine months, raising expectations the Federal Reserve will further reduce interest rates to stimulate the economy.
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A steady rise in food and energy costs pushed overall U.S. consumer prices up 0.7 percent in May, the sharpest rise in 1-1/2 years, a government report showed on Friday.
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The number of initial claims for U.S. jobless aid filed last week rose 2,000, while a more reliable barometer of labor trends climbed to its highest level in two months, government data showed on Thursday.
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The number of U.S. workers filing  new claims for jobless benefits rose by a larger-than-expected  7,000 last week but remained at a level suggesting stable labor  market conditions, a government report on Thursday showed.
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Consumer prices rose slightly in August, easing fears that inflation, which surged earlier this year, would rapidly pick up steam.
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Consumer prices rose 0.3 percent in  December and for all of 2007 they shot up at the fastest rate  in seventeen years, largely because of soaring energy costs,  the Labor Department reported on Wednesday.
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US consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday.
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US consumer prices rose modestly in November as a surge in energy costs a month earlier moderated, the Labor Department said on Friday.
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Rising energy costs drove up US consumer prices a larger-than-expected 0.6 percent in October, while industrial output and housing starts rebounded strongly from the prior month.
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Consumer prices, stoked by more expensive gasoline and pricier fruits and vegetables, heated up in October, rising by 0.6 percent, the biggest gain in five months.
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Surging energy costs drove up U.S.  consumer prices a hefty and larger-than-expected 0.6 percent in  October, while industrial output and housing starts rebounded  strongly from the prior month.