The United States economy is expected to continue to grow heading into next year, while inflation will slow down, says a new survey released by the Federal Reserve Bank of Chicago. The growth of the economy is projected to decrease the unemployment rate, according to … [Read more...]
Canadian inflation rate jumps 2% amid higher energy prices
Canadians will experience a higher cost of living this year as the inflation rate increased to a two-year high of two percent, according to a report released last Friday by Statistics Canada. The federal agency reported the Consumer Price Index (CPI) increased 1.5 percent from the … [Read more...]
Industrial production rises higher than initial forecasts
Following a harsh winter that saw the economy experience a downturn, new data indicates that industrial production in the United States is gaining some momentum as it rose more than what was forecasted in the month of March. The Federal Reserve released figures Wednesday that … [Read more...]
Concerns About Inflation Expressed
In the wake of the recent steps that have been taken by the Federal Reserve, there has been a surge of concerns being voiced in regards to inflation looming on the horizon. One of the voices that are sounding the alarm is Federal Reserve Bank president Esther George. … [Read more...]
Inflation
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Inflation Rate of increase of general level of the prices prevailing for goods and services. … [Read more...]
