Inflation

August 20, 2019 - 9:55 am
DALLAS (AP) — Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines' profits all year. The trade group Airlines for America forecast Tuesday that 17.5 million passengers will fly on U.S. carriers between Aug. 28 and Sept. 3...
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A man stretches as he walks over a bridge in Frankfurt, Germany, Wednesday, Aug. 14, 2019. In the background is the building of the European Central Bank. (AP Photo/Michael Probst)
August 19, 2019 - 9:07 am
LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone...
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FILE- In this June 14, 2019, file photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Tuesday, Aug. 13, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Richard Drew, File)
August 13, 2019 - 5:52 am
WASHINGTON (AP) — U.S. consumer prices rose 0.3% in July, pushed higher by more expensive gas, medical care and housing. The consumer price index increased 1.8% compared with a year earlier, up from 1.6% in June, the Labor Department said Tuesday. Excluding the volatile food and energy categories,...
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Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference in Mumbai, India, Wednesday, Aug. 7, 2019. India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables decelerating. (AP Photo/Rajanish Kakade)
August 07, 2019 - 1:08 am
NEW DELHI (AP) — India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables...
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FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank cut its benchmark interest rate to an all-time low of 1% on Wednesday, Aug. 7, 2019, as it forecast tougher economic conditions ahead. (AP Photo Nick Perry, File)
August 07, 2019 - 12:57 am
WELLINGTON, New Zealand (AP) — New Zealand's central bank cut its benchmark interest rate to an all-time low of 1% on Wednesday as it forecast tougher economic conditions ahead. The cut of half a percentage point by the Reserve Bank was a surprise, with most economists forecasting a rate cut of 0...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 9:56 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 3:59 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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July 31, 2019 - 1:24 pm
HAVANA (AP) — The Cuban government is capping prices for food and beverages throughout the country in order to control the risk of inflation due to a state wage hike and stagnant productivity. Officials say the experiment started several weeks ago in some province and it will go into effect...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 12:11 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
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A couple embrace in the crowded Rastro street market in Madrid, Spain, Sunday, July 28, 2019. (AP Photo/Paul White)
July 31, 2019 - 3:46 am
FRANKFURT, Germany (AP) — Inflation and growth have sagged in the eurozone, official figures showed Wednesday, bolstering the case for the European Central Bank to inject another dose of monetary stimulus into the 19-country currency bloc at its September meeting. The European Union's statistics...
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