Inflation

A butcher stores a display case of steaks at a Costco store in Novato, California on May 24, 2021.Justin Sullivan | Getty ImagesDon't tell Costco executives that inflation is low.The big box club chain announced that prices for a number of…

Here's what you need to know:The buyers returned to central London last month. UK retail sales in April rose twice the rate forecast by economists.Recognition...Mary Turner for the New York TimesThe US stock futures rose along with most…

Americans expect higher inflation not only in the next year but also in the next five years. This is based on a survey that Federal Reserve officials have closely observed in the past. This could create problems for the central bank,…

Here’s what you need to know:Stocks on Wall Street dropped for the third consecutive day on Wednesday as new data on consumer prices added to investors’ concerns that inflation could upend the Federal Reserve’s efforts to keep interest…

"We believe that inflation is most likely to rise moderately in the next few months," wrote two officials on Mr. Biden's Economic Advisory Council, Jared Bernstein and Ernie Tedeschi, in a blog post on Monday in which they outlined some of…

Here’s what you need to know:When the government releases its latest consumer price inflation reading at 8:30 a.m. on Tuesday, Wall Street investors will be eagerly watching the data point, which is expected to jump starting this…

The economy is healing, the country's two top business figures told lawmakers Tuesday, but workers and businesses will continue to need government assistance to recover from the pandemic - and one of the officials, Jerome H. Powell,…

Last week's market action was another example of a push-and-pull between stocks, bonds, and the Federal Reserve that investors should expect more of over the course of 2021. Indeed, there is reason to believe that the battle for bond…

Economists have struggled to understand the phenomenon, but they largely believe that a cocktail of aging populations, changing consumer expectations, and limited pricing power in a globalized world where consumers can search online to…