Inflation as measured by the Consumer Price Index reached an annual rate of nearly 8% in February. Over the past 12 months, inflation has increased steadily from less than 2% to 7.9%, compared to an average just under 2% in the five years prior.
Tag: Inflation
MBA Chart of the Week Mar. 18 2022: Consumer Inflation Expectations
Inflation as measured by the Consumer Price Index reached an annual rate of nearly 8% in February. Over the past 12 months, inflation has increased steadily from less than 2% to 7.9%, compared to an average just under 2% in the five years prior.
Fed Approves 1st Rate Hike in 4 Years
The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.
Inflation Jumps to Fastest Rate Since 1982
The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported Thursday.
Consumer Prices Roar Ahead
The Consumer Price Index rose by another 0.6 percent in January and by an eye-catching 7.5 percent from a year ago, the Bureau of Labor Statistics reported Thursday.
Redfin 3/4 of Homebuyers, Sellers Report Changing Plans Due to Inflation
Redfin, Seattle, said 73 percent of homebuyers and sellers say inflation is influencing their plans.
Fed Moves Up Timetables
The Federal Open Market Committee on Wednesday said it would speed up its tapering of agency mortgage-backed securities and hinted its timetable for raising the federal funds rate could move up as well.
Consumer Price Index: Paying Like It’s 1982
Inflation—sure to be a topic at this week’s Federal Open Market Committee meeting—roared like a lion in November, jumping by nearly 7 percent year over year to its fastest pace in nearly 40 years, the Bureau of Labor Statistics reported Friday.
MBA Chart of the Week Nov. 24, 2021: Price Changes in Turkeys, Cars, Shelter
Inflation has been a dominant story of late, given the widespread disruption in supply chains and labor shortages resulting from the pandemic.
MBA Chart of the Week Nov. 24, 2021: Price Changes in Turkeys, Cars, Shelter
Inflation has been a dominant story of late, given the widespread disruption in supply chains and labor shortages resulting from the pandemic.