In the evolution of the U.S. economy over the past four decades, one fact stands out as especially puzzling: the large and fairly steady decline in interest rates. Consider what has happened to three key
Read moreHome »
Inflation up 0.5% in September, despite slide in gasoline prices
Statistics Canada says inflation in September was up 0.5 per cent compared with a year ago. The reading compared with a year-over-year increase of 0.1 per cent in August. Economists on average had expected a
Read moreU.S. producer prices accelerate, but overall inflation trending softer
WASHINGTON (Reuters) – U.S. producer prices increased more than expected in September amid a surge in the cost of hotel and motel accommodation, leading to the first year-on-year gain since March.FILE PHOTO: Prices are seen
Read moreU.S. consumer prices slow in September
FILE PHOTO: Shoppers are seen wearing masks while shopping at a Walmart store in Bradford, Pennsylvania, U.S. July 20, 2020. REUTERS/Brendan McDermid/File Photo/File PhotoWASHINGTON (Reuters) – U.S. consumer prices rose for a fourth straight month
Read moreU.S. factory activity accelerates as orders jump to more than 16-1/2-year high
WASHINGTON (Reuters) – U.S. manufacturing activity increased more than expected in August as new orders surged to their highest level in over 16-1/2 years, but employment at factories continued to lag amid safety restrictions intended
Read moreUPDATE 2-Nigerian inflation rises for 11th month in July as import disruption weigh
(Adds further details, analyst comment) By Chijioke Ohuocha Aug 17 (Reuters) – Annual inflation in Nigeria rose for the 11th straight month in July, the statistics office said on Monday, as the novel coronavirus pandemic
Read moreU.S. consumer spending presses ahead; declining income poses challenge
WASHINGTON (Reuters) – U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID-19
Read moreInflation continues to rise amid COVID-19 outbreak
How rising inflation and COVID-19 in Nigeria are leaving many struggling to feed their families. Months of increasing inflation in Nigeria have left many struggling to feed their families. Inflation has gotten worse since Nigeria
Read moreCOLUMN-Pandemic prises open inflation information gap: Mike Dolan
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON, June 19 (Reuters) – Like the coronavirus, the big problem with inflation during
Read moreU.S. inflation subdued with economy in recession
WASHINGTON (Reuters) – U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a recession caused by the COVID-19 pandemic.
Read more