Analysis Ties Surge in Inflation to Increased Spending, Value of Debt. ... “You can think about the inflation surge as partly a way to pay for the fiscal effort,” the economist said.

From “surge pricing” Kashkari then tacked to “wage growth.” He wrote that “nominal wage growth has grown to 5 percent or more, which is inconsistent with our 2 percent inflation target ...

Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...

Rising inflation expectations, fueled by commodities and CPI swaps, signal higher interest rates and risks to markets. Check ...

Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...

Employment reports, particularly the nonfarm payroll jobs growth number (NFP), have the most significant impact on trading ...

The Bureau of Economic Analysis is expected to release the Personal Consumption Expenditures report on Wednesday. ... Economists at RBC expect the inflation surge to show up in the data for May, ...

Whatever the sources of the shipping-cost surge, however, it didn’t last. So even if you believe that excessive government spending played a big role in the initial rise in inflation, future ...

Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest ...

Inflation reached a 40-year high in mid-2022, a surge sparked by COVID-19. Before the pandemic, annual inflation hadn’t topped 5% since the Great Recession of 2008.