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October 12, 2008 9:52:49 PM CDT

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Stories related to: core inflation

Stories

18 Stories

  • August 2008

    • Stocks Break 2-Day Slump

      MarketWatch  |  Aug 14, 08 3:28 PM CDT

      Stocks Break 2-Day Slump

      (Newser) - Stocks posted solid gains today for the first time in three days as financials rebounded, the dollar gained, and oil fell nearly $1, MarketWatch reports. The Dow rose 82.97 points to close at 11,615.89, the Nasdaq gained 25.05 to 2,453.67, and the S&P 500 climbed 7.10 to 1,292.93. More »

      Tags

      Dow Jones  • S&P 500  • Nasdaq  • Bank of America  • Wachovia  • financial stocks  • core inflation  • auction-rate securities

    • Consumer Prices Jump in July; Inflation at 17-Year High

      Associated Press  |  Aug 14, 08 9:07 AM CDT

      Consumer Prices Jump in July; Inflation at 17-Year High

      (AP) - US consumer prices shot up 0.8% in July, twice the expected rate, pushed higher by surging energy and food costs, the AP reports. The spike left inflation running at 5.6%, the fastest pace in 17 years, the Labor Department reported today. It marked the third straight month of soaring prices, following jumps of 0.6%  in May and 1.1% in June. More »

      Tags

      Federal Reserve  • inflation  • consumer prices  • economic indicators  • core inflation

    • Bank of England Pressed to Rein in Inflation

      Guardian (UK)  |  Aug 13, 08 10:26 AM CDT

      Bank of England Pressed to Rein in Inflation

      (Newser) - Great Britain’s inflation rate—driven by energy and food prices rising at the fastest pace in more than 20 years—is on track to hit 5% by autumn, reports the Guardian . The cost of living jumped 0.6% to a 16-year high of 4.4% last month, the largest 1-month jump under the Labor government, boosting pressure on the Bank of England to raise interest rates. More »

      Tags

      credit crisis  • inflation  • food prices  • Bank of England  • core inflation

  • July 2008

    • Consumer Prices Surge Most Since '91

      Bloomberg  |  Jul 16, 08 9:35 AM CDT

      Consumer Prices Surge Most Since '91

      (Newser) - Consumer prices rose a staggering 1.1% in June, Bloomberg reports. The figure far surpassed analyst estimates, and brings the year-over-year figure to 5%–the biggest surge since 1991. Core inflation, which excludes food and energy, rose a more-than-expected 0.3%. “Inflation has galloped,” one economist said. “It puts the Fed in a really tricky position. I don't see how they can change rates this year.” More »

      Tags

      Federal Reserve  • Ben Bernanke  • inflation  • consumer prices  • economic indicators  • core inflation  • federal funds rate

  • June 2008

    • Stocks Rally on Dollar's Strength

      MarketWatch  |  Jun 13, 08 3:14 PM CDT

      Stocks Rally on Dollar's Strength

      (Newser) - The markets rallied today, pushing the Dow into positive territory for the week, off a strong dollar and a drop in oil prices. The Dow gained 165.77 to close at 12,307.35, a weekly gain of 0.8%. The Nasdaq climbed 50.15 to 2,454.50 but posted a weekly loss of 0.8%. The S&P 500 gained 20.16, settling at 1,360.03, flat for the week. More »

      Tags

      Dow Jones  • S&P 500  • Nasdaq  • oil price  • US dollar  • core inflation  • Consumer Price Index

  • May 2008

    • Dow Hikes Prices 20% on Chemicals in Many Products

      Wall Street Journal  |  May 29, 08 2:20 PM CDT

      Dow Hikes Prices 20% on Chemicals in Many Products

      (Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs 42% from a year ago, reports the Wall Street Journal. More »

      Tags

      core inflation  • energy prices  • Consumer Price Index  • Dow Chemical Co.  • DuPont

  • March 2008

    • Housing Starts Down; Producer Prices Up

      Bloomberg  |  Mar 18, 08 11:55 AM CDT

      Housing Starts Down; Producer Prices Up

      (Newser) - Housing starts fell yet again in February, and building permits hit a 16-year low, Bloomberg reports. The annual housing start rate fell to 1.065 million homes, a 0.6% drop from January, while permits sank 7.8%, indicating still bigger declines to come. “We don’t see it bottoming out,” said one Wachovia economist. February’s starts beat estimates, but permits fell more than forecast. More »

      Tags

      Ben Bernanke  • housing market  • inflation  • construction  • core inflation  • housing starts  • building permit

    • Consumer Prices Flat in Feb.

      Wall Street Journal  |  Mar 14, 08 8:41 AM CDT

      Consumer Prices Flat in Feb.

      (Newser) - Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal . This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to float a large interest rate cut next week. A drop in energy prices was credited with the inflation relief, likely to be short-lived as this month's record oil and gas prices are factored into the next reports. More »

      Tags

      US economy  • gas prices  • oil price  • economy  • inflation  • food prices  • consumer prices  • core inflation  • Consumer Price Index  • energy costs

  • February 2008

    • Wholesale Inflation Surges

      Bloomberg  |  Feb 26, 08 10:06 AM CST

      Wholesale Inflation Surges

      (Newser) - Wholesale prices rose more than twice as fast as analysts predicted in January, in the latest sign that inflation is outstripping growth, Bloomberg reports. After a 0.3% drop in December, finished good prices rose 1% last month, with the core indicator up 0.4%, its biggest gain in almost a year. Fed chief Ben Bernanke will discuss the inflation statistics tomorrow when he delivers a policy report to Congress, MarketWatch notes. More »

      Tags

      recession  • Ben Bernanke  • inflation  • consumer prices  • core inflation  • stagflation

    • Inflation Spikes, Cut in Jeopardy

      Wall Street Journal  |  Feb 20, 08 9:04 AM CST

      Inflation Spikes, Cut in Jeopardy

      (Newser) - Core inflation bounded ahead of expectations in January, which is bad news for anyone betting on a big rate cut from the Fed–and for the Fed itself. The consumer price index rose 0.4%, with core CPI rising 0.3%, putting the year-over-year figures at 4.3% and 2.5% respectively, well above the Fed’s traditional 1.5%-2% comfort zone, the Wall Street Journal reports. More »

      Tags

      Federal Reserve  • US economy  • Ben Bernanke  • inflation  • interest rate cut  • core inflation  • Consumer Price Index

  • December 2007

    • Consumer Prices Jump Most in 2 Years

      Bloomberg  |  Dec 14, 07 9:36 AM CST

      Consumer Prices Jump Most in 2 Years

      (Newser) - November’s consumer price index spiked 0.8%—the biggest rise since September 2005—as soaring energy costs pushed up prices on an array of  goods and services. The increase, higher than the 0.6% anticipated, reignites inflation worries, causing experts to predict that further Fed rate cuts are unlikely, Bloomberg reports. More »

      Tags

      gas prices  • oil price  • inflation  • core inflation  • energy prices  • Consumer Price Index

  • November 2007

    • Inflation Still in Check as Housing Offsets Energy

      Wall Street Journal  |  Nov 15, 07 9:43 AM CST

      Inflation Still in Check as Housing Offsets Energy

      (Newser) - Consumer prices saw only modest gains last month, welcome news for inflation watchers with an eye on rising oil prices and a dropping dollar. The Consumer Price Index rose 0.3%, in lockstep with analysts' estimates. Core CPI, which excludes food and energy, rose 0.2%. Year-over-year, the increases were 3.5% and 2.2% respectively, with the latter just above the Fed’s presumed 1%-2% comfort zone, the Wall Street Journal reports. More »

      Tags

      Federal Reserve  • Ben Bernanke  • inflation  • core inflation

    • Bernanke Ups Fed Transparency

      Wall Street Journal  |  Nov 14, 07 10:34 AM CST

      Bernanke Ups Fed Transparency

      (Newser) - The Federal Reserve will issue more detailed reports  twice as often, Ben Bernanke announced today. Starting next Tuesday, the Fed will release projections for inflation, GDP, and unemployment four times a year, accompanied by a “narrative” telling investors what the Fed is thinking. Bernanke also said he’d be looking at overall inflation from now on, not just the gas- and food-free core rate. More »

      Tags

      Federal Reserve  • Ben Bernanke  • inflation  • core inflation

  • September 2007
  • July 2007