rise in price level in an economy over time
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
thehill.com/homenews/4581122-how-immigration-is-helping-the-economy-defy-expectations/
High interest rates, rising inflation: The economy still isn’t normal: The improbable picture seems to guarantee that the Federal Reserve won’t be ready to lower ...
washingtonpost.com/business/2024/04/11/fed-inflation-economy-rates/
Pay was starting to outpace US inflation. Can it keep up?: Stubborn inflation is not only upsetting investors who await interest rate cuts ...
csmonitor.com/Business/2024/0416/worker-pay-wages-inflation-economy
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close after 25 years
star-telegram.com/news/local/article287770815.html
What a Queens Florist Teaches Entrepreneurs About Small-Business Resilience: The story of the past few years of Ditmars Flower Shop's fortunes lays bare the ...
inc.com/bruce-crumley/what-a-queens-florist-teaches-entrepreneurs-about-small-business-resilience.html
California franchisee warns fast food 'has become a luxury': The California franchisee warned that customers have to "think twice" about whether they can afford ...
businessinsider.com/fast-food-has-become-a-luxury-restaurant-prices-california-wage-2024-4
SF sales down 28% from 2019; what sectors and areas were hit hardest: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Klaus-Dieter Grosch wants to know how many poor there are in Kamen: Left/GAL demands report
hellwegeranzeiger.de/kamen/klaus-dieter-grosch-will-wissen-wie-viel-arme-es-in-kamen-gibt-linke-gal-fordert-bericht-w867753-1001054601/
Moody's April projection says India's GDP set to expand 6.1% in 2024: New Delhi, Apr 12 (PTI) Moody's Analytics on Friday projected India's economy to ...
deccanherald.com/business/economy/moodys-april-2024-projection-says-indias-gdp-set-to-expand-61-in-2024-2975238
Inflation isn't falling as rapidly as it did last year, and consumers are taking notice.
The one-year inflation projections are now just above the 2 ... Show more finance.yahoo.com/news/consumers-are-getting-frustrated-with-stalling-inflation-151525305.html
How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
economist.com/britain/2024/04/04/how-has-the-bank-of-england-dealt-with-four-years-of-shocks
Tesco to create jobs in new stores after surge in profits: Tesco boss says inflationary pressures have eased as the company faces criticism for the scale of the ...
heraldscotland.com/news/24245088.tesco-create-jobs-new-stores-surge-profits/
World Bank sees Western Balkan economies growing but reforms needed: Economic growth in the six Western Balkan countries is projected to rise 3 ...
ekathimerini.com/economy/1236216/world-bank-sees-western-balkan-economies-growing-but-reforms-needed/
Focus: Soaring insurance costs hit as US buyers finally get a break on car prices
reuters.com/markets/us/soaring-insurance-costs-hit-us-buyers-finally-get-break-car-prices-2024-04-11/
SBA chief says business applications record reflects pandemic recovery: New business applications have reached their highest-ever level under any presidential ...
axios.com/2024/04/12/sba-small-business-applications-isabel-casillas-guzman
EHI study: Vacancies and rent reductions concern shopping centers: Corona, inflation and e-commerce: The general conditions for shopping centers have not changed ...
lebensmittelzeitung.net/handel/nachrichten/ehi-studie-leerstaende-und-mietminderungen-beschaeftigen-shopping-center-177104
Paid articlePaid FTC calls out profits as a driver of grocery prices: A new Biden administration report is raising questions about the cause of rising food prices ...
thehill.com/business/4564255-ftc-calls-out-profits-as-a-driver-of-grocery-prices/
How retailers are profiting from inflation question gains new urgency from FTC report
thehill.com/homenews/4562244-how-retailers-are-profiting-from-food-inflation-profit-inflation-question-gains-new-urgency-from-ftc-report/
The 5 states with the highest inflation and the 5 with the lowest. See where yours ranks
usatoday.com/story/money/2024/04/09/states-highest-lowest-inflation/73184932007/
Biden and Trump ask voters if they're 'better off' than they were 4 years ago. It's complicated
apnews.com/article/biden-trump-voters-pandemic-era-economy-inflation-597f4f2f2b2e32d8933802e37ef66913
Quick Glance: Biden Contrasts Himself with Trump Through 'Are You Better Off Today' Question
- President Joe Biden used the 'are you better off today than you were four years ago' question as a new line of attack against former President Donald Trump, reminding voters of the challenges during Trump's term.
- Biden also criticized Trump for his 'bloodbath' comment, emphasizing the need to reject political violence. He redirected the narrative by focusing on the 'better off' theme and highlighted the early days of the COVID-19 pandemic in the U.S.
- Furthermore, Biden underscored the progress made since Trump's presidency, including COVID-19 control, the return of 15 million jobs, and stock market recovery. Biden's campaign sees a resurgence of interest in a Biden-Trump rematch among voters.
- The article also mentions Biden's comments on U.S. Sen. Ted Cruz and his support for Rep. Colin Allred, positioning Cruz as an ally of Trump. Biden conveyed the message that the focus should be on Trump's intentions and actions, rather than on himself.
U.S. small business optimism hit its lowest level in 12 years: Small business owners are still navigating economic headwinds after the COVID-19 pandemic
qz.com/us-small-business-owners-inflation-sales-consumers-1851397059
Ariane Désirée Kari, Federal Government Commissioner for Animal Welfare, speaks of a dramatic situation. The "acute overcrowding" of animal shelters is one of ... Show more
Crime in Germany - More violence and young suspects: In the years 2017 to 2021, crime in Germany decreased. The fact that the curve has been pointing upwards ...
stuttgarter-nachrichten.de/inhalt.kriminalitaet-in-deutschland-mehr-gewalt-und-junge-tatverdaechtige.9116308d-7235-4344-8f55-5239eb7895e5.html
How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
economist.com/britain/2024/04/04/how-has-the-bank-of-england-dealt-with-four-years-of-shocks
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
How It Started ... How It's Going: Inflation-adjusted hourly wages lower today than when Biden took office
foxbusiness.com/economy/started-going-inflation-adjusted-hourly-wages-lower-today-biden-took-office
Sectors guilty of greedflation: The pandemic and the energy crisis gave Greek companies an opportunity to significantly increase their profit margins ...
ekathimerini.com/economy/1235815/sectors-guilty-of-greedflation/
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Will the US unemployment rate continue at historic lows?: US job growth has continued at a steady clip in months since COVID pandemic, but experts are looking ...
aljazeera.com/economy/2024/4/4/will-the-us-unemployment-rate-continue-at-historic-lows
Why Costco’s hot dog is still $1.50 when everything has gotten so expensive: Inflation has touched nearly everything these last few years — even Trader Joe’s ...
cnn.com/2024/03/27/economy/costco-hot-dog-inflation/
Paid articlePaid Airlines take off as demand for overseas holidays soars: Virgin Atlantic says it should return to profitability this year while Ryanair and Wizz Air have posted ...
heraldscotland.com/news/24229558.airlines-take-off-demand-overseas-holidays-soars/
Economy to post subdued growth for at least three years: The multilateral lender said the economy would grow at 5.6 percent in 2023-24, lower than the South ...
thedailystar.net/business/economy/news/economy-post-subdued-growth-least-three-years-3580671
America’s economy has escaped a hard landing: But there are still pitfalls ahead
economist.com/briefing/2024/03/14/americas-economy-has-escaped-a-hard-landing
Paid articlePaid
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has shown a significant increase in demand for work, surpassing pre-pandemic levels ... Show more
Here’s What’s Really Going on With Skyrocketing Food Prices: Rising grocery prices are frustrating consumers across the nation — including President Biden ...
foodandwine.com/usa-inflation-food-costs-8622334
Poverty in Argentina neared pandemic levels before Milei’s austerity: About 41.7% of Argentines were living in poverty in the second half of the year, up from 40 ...
batimes.com.ar/news/economy/poverty-in-argentina-neared-pandemic-levels-before-mileis-austerity.phtml
Gastronomy in the north under pressure - Closings feared: Dehoga sees the catering industry in SH and HH facing a challenging year. Further business closures are ...
shz.de/deutschland-welt/schleswig-holstein/artikel/gastronomie-im-norden-unter-druck-schliessungen-befuerchtet-46740217
Paid articlePaid
MLB Valuations 2024: The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 ...
trib.al/z9YMTkD
Supermarkets supersized their profits during the pandemic: Operating incomes at major grocery chains grew in 2021 — and are still climbing
qz.com/supermarket-prices-grocery-food-inflation-pandemic-1851369826
Paid articlePaid
Trader Joe's raises banana prices. This is about more than just 4 cents: The price change from 19 cents to 23 cents per individual banana "still represents a ...
latimes.com/california/story/2024-03-25/trader-joes-raises-price-of-bananas
Why are thefts increasing in Switzerland?: Newly published figures show that the number of thefts in Switzerland has substantially increased in 2023 ...
thelocal.ch/20240327/why-are-thefts-increasing-in-switzerland
BOK advised to enhance communication with market regarding monetary policy : A potential rate cut by the Bank of Korea (BOK) here is unlikely to stoke home ...
koreatimes.co.kr/www/biz/2024/03/488_371426.html
EC In-Depth Review finds Romania’s net external debt rising but largely “non-defaultable”
romania-insider.com/ec-indepth-review-romania-march-2024
Interest Rate Cuts: Inflation Scare Fades as SNB Leads Way for Fed, ECB, BOE: From Zurich to London to Washington, the great inflation scare that gripped the ...
bloomberg.com/news/articles/2024-03-21/rate-cuts-latest-inflation-scare-fades-as-snb-leads-way-for-fed-ecb-boe
Paid articlePaid As Hershey battles cocoa costs, chocolate lovers may help cool inflation: The company’s response to the historically high cost of cocoa, the main ingredient in ...
washingtonpost.com/business/2024/03/12/inflation-chocolate-prices-grocery-cost/
The thriving US economy of discontent: The country’s growth and strong job market has done little to diminish widespread unhappiness about inflation and high ...
english.elpais.com/economy-and-business/2024-03-24/the-thriving-us-economy-of-discontent.html
Switzerland declares victory over inflation: Swiss National bank delivers first rate cut since 2015.
trib.al/tH9qDFA
Quick Glance: Swiss National Bank Surprises with Rate Cut
- The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.
- The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.
- Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.
- The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
Survey after survey suggests that American voters blame President Joe Biden for the state of the US economy. This pessimism persists despite major indicators ... Show more www.vox.com/politics/24094752/biden-trump-strong-economy-2024-inflation
Fed forecasts rate cuts this year but sees economic strength: The speed and timing of rate cuts is top of mind for both Washington and Wall Street as they try to ...
politico.com/news/2024/03/20/wall-street-fed-inflation-verdict-00148000
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Inflation report February 2024: 3.2% reading means the Fed's 2% goal remains elusive
nbcnews.com/business/economy/inflation-february-2024-how-economy-is-doing-right-now-rcna142758
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
How will the return of VAT on food affect inflation?: Poland navigates fiscal challenges with proposed tax adjustments amid inflationary pressures.
polanddaily24.com/navigating-fiscal-challenges-polands-tax-policy-shifts/business-tech/39349
HS: Restaurants in Helsinki are in dire straits: The Finnish capital saw a year-on-year increase of 70 per cent in restaurant bankruptcies in 2023 ...
helsinkitimes.fi/business/25025-hs-restaurants-in-helsinki-are-in-dire-straits.html
Why We Think 5 Interest-Rate Cuts Are Coming in 2024: With expected improvement in inflation, Morningstar expects more rate cuts than the Fed’s own forecast.
morningstar.com/economy/why-we-think-5-interest-rate-cuts-are-coming-2024
How the Fed's war on inflation has frozen the housing market: The Federal Reserve aggressively hiked interest rates to lower inflation during the pandemic ...
businessinsider.com/how-do-interest-rate-hikes-impact-housing-market-rent-mortgages-2024-3
Paid articlePaid
Birth rates: Have you postponed your desire to have children?: The birth rate has plummeted. Tell us why you, as a woman or man, would rather not have children ...
zeit.de/gesellschaft/familie/2024-03/geburtenraten-kinderwunsch-eltern-maenner-frauen-aufruf
Paid articlePaid
After “Hanfling” exit in Mainz, family also loses apartment: Corona survives, the end comes with the energy crisis and inflation. “The Linnet” will close at the ...
allgemeine-zeitung.de/lokales/mainz/stadt-mainz/ehemalige-haenfling-betreiber-verlieren-wohnung-in-mainz-3417624
Central bankers see ‘immaculate disinflation’ within reach: Economists forecast inflation easing from multi-decade highs without sharp rise in unemployment
ft.com/content/d413fffb-77bd-4aa1-a02c-c07c7860fbc7
Paid articlePaid Why are prices still so high? Corporate greed, some say.: Hearing that big corporations are raking in hefty profits frustrates Nick Rosolino ...
cnn.com/2024/03/11/economy/inflation-corporate-greed-biden/
Paid articlePaid ‘Stretched’ US consumers start to pull back on spending: Retail sales reach a plateau while company executives see disposable income squeezed
ft.com/content/121ee349-e20b-4f15-a41a-a1a4d7564bb0
Paid articlePaid Yellen Says US Rates ‘Unlikely’ to Return to Pre-Covid Levels: US Treasury Secretary Janet Yellen said it’s “unlikely” that market interest rates will return to ...
bloomberg.com/news/articles/2024-03-13/yellen-says-us-rates-unlikely-to-return-to-pre-covid-levels
Paid articlePaid US consumers still reeling from earlier price rises even as inflation slows: High prices and inflation have emerged as a political issue ahead of presidential ...
reuters.com/markets/commodities/us-consumers-still-reeling-earlier-price-rises-even-inflation-slows-2024-03-15/
Fed's new neutral may be one FOMC takeaway: Mike Dolan: Next week's Federal Reserve meeting has lost the heat it once had as a likely moment for the central ...
reuters.com/markets/feds-new-neutral-may-be-one-fomc-takeaway-mike-dolan-2024-03-15/
More people out of work as unemployment rate rises and wage growth slows: First rise in jobless count since July, and more than a fifth of adults are not looking ...
inews.co.uk/news/business/unemployment-rate-rises-wage-growth-slows-2951572
Irish households save almost €17bn in 2023 but higher prices keeps pressure on : Households added €16.8 billion in savings to their wealth in 2023 ...
irishtimes.com/business/2024/03/11/irish-households-save-almost-17bn-in-2023-but-higher-prices-keeps-pressure-on/
Inflation report February 2024: 3.2% reading means the Fed's 2% goal remains elusive
nbcnews.com/business/economy/inflation-february-2024-how-economy-is-doing-right-now-rcna142758
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Rent is driving inflation. But there’s something off in the data.: There’s a growing disconnect between what shows up in official reports and what’s happening on ...
washingtonpost.com/business/2024/03/03/rent-cpi-housing-fed/
Vinyl Is Back But Hand Gel Is Out as the U.K. Freshens Its Price Measures: Hand-sanitization gel will no longer help gauge inflation in the U.K ...
wsj.com/finance/investing/vinyl-is-back-but-hand-gel-is-out-as-the-u-k-freshens-its-price-measures-44eb4b49
Slump in sales: weekly markets suffer from high food prices: They were still among the winners during the pandemic. Disillusionment has now returned to weekly ...
lebensmittelzeitung.net/handel/nachrichten/umsatzeinbruch-wochenmaerkte-leiden-unter-hohen-lebensmittelpreisen-176571
Paid articlePaid Inflation isn't really the problem. Housing is: The Federal Reserve is keeping interest rates high to tame price growth. But it's a shortage of homes in ...
latimes.com/opinion/story/2024-03-08/inflation-housing-shortage-economy-cpi-fed-interest-rate
Quick Glance: Housing Market: Powell Warns of Persistent Shortage
- Speaking before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated that the U.S. housing market is undersupplied and will continue to be so in the years to come.
- Powell emphasized that the housing shortage is due to structural issues such as zoning difficulties and challenges in obtaining labor and materials for builders.
- He further explained that even as mortgage rates normalize, there will still be a nationwide housing shortage as many individuals are not moving due to low mortgage rates, resulting in a limited supply of available homes.
- Powell also addressed the challenges in the commercial real estate sector, specifically in the office segment, and how this could impact banks. He highlighted the likelihood of more bank failures in the coming years, particularly among small and medium-sized banks grappling with issues in the commercial real estate sector.
Investors bought record share of low-priced housing in fourth quarter: Report: Investors bought more than a quarter of lower-priced homes in the fourth quarter ...
thehill.com/business/4467676-investors-bought-record-share-of-low-priced-housing-in-fourth-quarter-report/
Fed report says small businesses faced financial, inflation challenges in 2023: Small business continued to recover last year from the hit they took for the ...
reuters.com/markets/us/fed-report-says-small-businesses-faced-financial-inflation-challenges-2023-2024-03-07/
Attractive price gains: The comeback of convertible bonds: Convertible bonds have had difficult years. But the high level of interest rates could change that.
faz.net/aktuell/finanzen/meine-finanzen/wie-wandelanleihen-das-depot-ergaenzen-koennen-19549503.html
Paid articlePaid Supply Chain Template: What Caused the US Inflation Shock: The steep climb in US import costs during the pandemic’s first two years and more was driven by a ...
bloomberg.com/news/newsletters/2024-03-05/supply-chain-template-what-caused-the-us-inflation-shock
January's Minimum Wage Hikes Add New Cost Challenges for Small-Restaurant Owners: Many are barely breaking even.
inc.com/bruce-crumley/januarys-minimum-wage-hikes-add-new-cost-challenges-for-small-restaurant-owners.html
Consequences of Inflation: Our Painful Wage Gap: In real terms, employees in Germany still have less in their pockets than before the Corona crisis ...
spiegel.de/wirtschaft/soziales/folgen-der-inflation-unsere-quaelende-lohnluecke-kolumne-a-94c0dec4-aa35-4c81-8aad-6ecb4d842d78
Paid articlePaid
We’ve changed our spending habits so dramatically that inflation has to be recalculated
theage.com.au/politics/federal/from-dough-to-dogs-how-the-pandemic-changed-our-spending-habits-20240301-p5f922.html
Why Brands Should Prioritize How Pessimistic, Short on Cash Consumers Experience Their Products
adweek.com/commerce/why-brands-should-prioritize-how-pessimistic-short-on-cash-consumers-experience-their-products/
Productivity falls back to earth, posing threat to growth in living standards: Productivity tumbled in 2022-23 after a pandemic sugar hit, in part because of a ...
abc.net.au/news/2024-03-01/productivity-falls-back-to-earth-after-pandemic-sugar-hit/103530456
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