Monthly Archives: February, 2009

Annual inflation rate at 0%, consumer prices rise 0.3% in January

Diving energy prices drove U.S. consumer prices flat over the past 12 months, marking the lowest inflation rate in more than a half...

Inflation rates and figures updated for Feb. 2009

Consumer prices were flat over the past 12 months, according to the latest data from the Bureau of Labor Statistics (BLS) provided on Friday,...

Producer prices rise 0.8% in January, higher than expected

Producer prices rose 0.8% in January, reversing a five-month trend due to increased costs in energy, according to a Labor Department report...

Long-term inflation target of 1.7% to 2% set by Fed

The U.S. economy has weakened further and a gradual recovery in economic activity isn't expected until later this year, Fed policy makers...

Deflation a key risk in 2009, argues St. Louis Fed President James Bullard

Further disinflation and a possibly "deflationary trap" is a key "near-term risk" for 2009, said James Bullard, president of the St. Louis Federal Reserve...

US inflation set to rise to 200%?

Inflation has steadily declined for the last several months as energy prices have plunged, helping to curtail consumer costs. The inflation trend, however, could...
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