CHICAGO (Reuters) - Rising U.S. food inflation, now a 25-year high, is reminiscent of the 1970s and will continue for the next five years due to growing world economies, increased food demand and a ...
Torsten Slok has been turning heads on Wall Street with his charts for years, since he was at Deutsche Bank and continuing on into his current role at Apollo Global Management. His market analysis ...
About the author: Joseph Brusuelas is chief economist of RSM US. His views do not represent the views of his employer. Fifty years ago, the U.S. economy was plagued with stagflation—a stubborn ...
WASHINGTON (Reuters) - Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a sentiment increasingly echoed among other observers ...
It has been many years since U.S. consumers have experienced the jolting effects of double-digit spikes in inflation. Over the last 20 years, the average yearly increase in the Consumer Price Index ...
July’s Consumer Price Index inflation report is expected to continue the pattern of disinflation seen in recent months. Current expectations for a September rate cut are relatively high, so it is ...
Owing to the increase in the cost of food, electricity, fuel and other basket of goods, headline inflation rose from the 32.15 per cent in August 2024 to 32.70 per cent in September 2024, according to ...