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US inflation

Iranpress: World Newspapers: US inflation hits 6% rate

World Newspapers: US inflation hits 6% rate

Wednesday, 15 March 2023 22:20

U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system. 206

Iranpress: Record numbers of Americans are worse off: Survey

Record numbers of Americans are worse off: Survey

Monday, 06 February 2023 23:37

Forty percent of Americans say they are worse off financially since President Joe Biden took office in January 2021 and the significant disaffection foretells complications for Biden if he runs for reelection in 2024, a poll revealed on Monday.

Iranpress: Iran Newspappers: Energy protests spark through EU, US and Canada

Iran Newspappers: Energy protests spark through EU, US and Canada

Thursday, 26 January 2023 08:46

The energy crisis is an important keyword in explaining the downward trend of the economic growth from European countries to the US and Canada, and it is a phrase that reminds the members of this union of one trillion dollars against the backdrop of unprecedented inflation and persistent recession. 206

Iranpress: World Newspapers: Core US inflation revs to new high

World Newspapers: Core US inflation revs to new high

Friday, 14 October 2022 21:20

A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. 206

Iranpress: High US inflation caused by corporate greed: The Guardian

High US inflation caused by corporate greed: The Guardian

Wednesday, 28 September 2022 22:03

High inflation in the United States has been caused by large corporations raising their prices above increasing costs, instead of wage increases, an opinion piece published by The Guardian has said.

Iranpress: World Newspapers: ‘pain’ lies ahead for economy, US central bank warns

World Newspapers: ‘pain’ lies ahead for economy, US central bank warns

Saturday, 27 August 2022 20:55

The Federal Reserve won’t stop raising interest rates until the economy is under control, central bank chief Jerome H. Powell said Friday — even though officials expect wrestling inflation to normal levels will slow the economy enough to cause “some pain” for households and businesses and, probably, weaken the job market. 203

Iranpress: World Newspapers: Inflation cools but remains elevated

World Newspapers: Inflation cools but remains elevated

Thursday, 11 August 2022 22:03

Inflation stayed elevated but eased off historically high levels in July, raising hopes that a relentless surge in prices may have peaked. 224

Iranpress: Biden claims US economy is on right track despite recession fears

Biden claims US economy is on right track despite recession fears

Friday, 29 July 2022 00:08

The US president said Thursday that his country's economy is "on track", despite GDP figures showing it had shrunk for the second time in a row stoking fears of a recession.

Iranpress: US home prices hit all-time high

US home prices hit all-time high

Wednesday, 20 July 2022 21:33

Home prices hit a new record in June, even as home sales declined for the fifth straight month as lack of affordability continues to push buyers out of the market.

Iranpress: Poll: 93% of Americans concerned with high inflation

Poll: 93% of Americans concerned with high inflation

Tuesday, 19 July 2022 06:03

A whopping 93% of American voters are “concerned” with the level of inflation, and slightly more than half fear the economy will only get worse a year from now, according to a poll.

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