inflation rate

Cheaper Gas Lowers U.S. Consumer Prices 0.3%

The seasonally adjusted consumer price index dropped 0.3 percent in November from October, the Labor Department said Friday. Gas prices fell 7.4 percent, the steepest drop in nearly four years. That offset a 0.2 percent rise in food prices.

Consumer Prices Hold Steady for Third Time in Four Months

U.S. consumer prices were unchanged in July from June, as a small drop in energy costs offset slightly higher food prices. The consumer price index hasn't changed since March, evidence that the weak economy is keeping inflation in check.

US Inflation Mild as Gas Prices Rise More Slowly

Gas prices rose more slowly in March, keeping overall U.S. inflation mild. The consumer price index rose 0.3 percent in March, the Labor Department said Friday. That's slower than February's 0.4 percent rise.

Can the Fed Keep Downplaying Inflation?

When a Federal Reserve committee meets Tuesday to consider the federal interest rate, it will likely revise its glum outlook into something brighter. But will it also acknowledge the U.S.'s growing inflation problem?

Consumers, Not Stocks, Will Feel Inflation's Pain First

Amid a bounce back in manufacturing activity, surging commodity prices are leading to fears of inflationary forces. Those forces are real, but corporate profits -- and therefore, stock prices -- won't suffer too quickly. The pain for struggling Americans, though, could be rapid and severe.

Currency Wars: How Ben Bernanke Outsmarted China

After years of exhorting China to increase the value of its yuan, the currency is finally rising: It has appreciated some 3.5% since June while China battles inflation and works to cool its red-hot economy. Here's how the Fed managed to succeed where political wrangling fell short.

Should the Fed Worry About Unemployment?

When the economic gurus at the Fed move the levers of U.S. monetary policy, they do so with two often-conflicting goals in mind: promoting maximum employment and keeping prices stable. Many critics are now arguing that that Fed should ignore unemployment and focus solely on prices.

Another Year With No Social Security Benefit Increases

Inflation has remained flat, and that means Social Security recipients will get no increase in their benefits this year. As medical costs keep growing -- and after a proposed Social Security bonus failed to win approval -- that's unlikely to make retired voters happy.

UK Food Prices Rise the Most in a Year

British food prices rose at the fastest rate in a year in August thanks to higher prices for commodities. Food prices increased at an annual rate of 3.8% in August, compared with 2.5% in the previous month, Bloomberg News reported, citing a statement by the British Retail Consortium. That%u2019s the fastest increase since July 2009.