Inflation

An investor stands in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, May 2, 2019. Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light as markets in Japan and mainland China were closed. (AP Photo/Annice Lyn)
May 02, 2019 - 7:40 am
SINGAPORE (AP) — World stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was likely this year. As European traders returned from the May Day holiday, France's CAC 40 lost 0.4% to 5,561 while Germany's DAX...
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Specialist John Alatzas, left, and trader Michael Milano work on the floor of the New York Stock Exchange, Wednesday, May 1, 2019. Stocks are opening higher on Wall Street after several big U.S. companies reported earnings that were better than analysts were expecting. (AP Photo/Richard Drew)
May 01, 2019 - 11:56 pm
SINGAPORE (AP) — Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light with markets in Japan and mainland China closed. Hong Kong's Hang Seng rose 0.4% to 29,829...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 2:26 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which influences many consumer and business loans —...
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FILE - In this July 31, 2017, file photo, Los Angeles Mayor Eric Garcetti, left, listens as Los Angeles Olympic Committee leader Casey Wasserman speaks during a press conference to make an announcement for the city to host the Olympic Games and Paralympic Games 2028, at Stubhub Center in Carson, Calif. The price tag on the Los Angeles 2028 Olympics is now $6.88 billion, a $1.36 billion increase that comes mainly because of accounting measures designed to better reflect inflation over the long lead-up to those games. Most key numbers the organizing committee released Tuesday, April 30, 2019, are essentially the same as those submitted in the original bid documents, only adjusted from 2016 dollars to reflect the real value of the dollars at the time they'll be received or spent. (AP Photo/Ringo H.W. Chiu, File)
April 30, 2019 - 9:40 am
The price tag on the Los Angeles 2028 Olympics is now $6.88 billion, a $1.36 billion increase that comes mainly because of accounting measures designed to better reflect inflation over the long lead-up to those games. Most key numbers the organizing committee released Tuesday are essentially the...
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April 29, 2019 - 9:01 am
WASHINGTON (AP) — U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That's a marked improvement after three months...
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FILE - In this Nov. 13, 2018 file photo, Jihad Azour, the International Monetary Fund's Mideast and Central Asia department director, gives a press conference in Dubai, United Arab Emirates. In a new outlook report issued Monday, April 29, 2019, the IMF said that political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A closer look, however, shows sharp variations from country to country. (AP Photo/Kamran Jebreili, File)
April 29, 2019 - 2:02 am
DUBAI, United Arab Emirates (AP) — Political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year, according to a new report released Monday by the International Monetary Fund. The report, which looks at the economies of 23 countries spanning...
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FILE- In this March 20, 2019, file photo Federal Reserve Chair Jerome Powell listens to a reporter's question during a news conference in Washington. On Wednesday, April 10, the Federal Reserve releases minutes from its March meeting when it left rates unchanged. (AP Photo/Susan Walsh, File)
April 10, 2019 - 2:27 pm
WASHINGTON (AP) — A majority of Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed's benchmark policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to...
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April 10, 2019 - 8:44 am
WASHINGTON (AP) — U.S. consumer prices climbed 0.4% in March, an increase caused mostly by higher costs for gasoline, electricity and shelter. The Labor Department said Wednesday that the consumer price index rose a healthy 1.9% last month from a year ago, a sharp jump from the annual pace of 1.5%...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 6:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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Reserve Bank of India Governor Shaktikanta Das smiles during a press conference to announce the first bi monthly monetary policy in Mumbai, India, Thursday, April 4, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6% to strengthen domestic growth ahead of a national election next week. (AP Photo/Rajanish Kakade)
April 04, 2019 - 7:56 am
NEW DELHI (AP) — India's central bank cut its key interest rate by a quarter of a percentage point to 6% on Thursday, moving to prop up economic growth ahead of a national election next week. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates...
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