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Yearly Archives: 2008

Fed slashes rates to record low, zero to 0.25%

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The Federal Reserve aggressively lowered its benchmark federal funds rate to a range of between zero percent and 0.25%, and said it would "employ...

Consumer prices fall record 1.7%, inflation drops to 1.1%

US Inflation Calculator Staff - 0
Inflation for consumer products plummeted again during November as prices were pushed down again by free-falling energy costs. Consumer prices declined by a record...

Inflation rates and data updated for December 2008

US Inflation Calculator Staff - 0
US Inflation Calculator has been updated with the latest Bureau of Labor Statistics (BLS) figures released Tuesday, December 16 for the entire month...

Fed seen lowering rates toward zero without inflation worries

US Inflation Calculator Staff - 0
Greatly reduced inflation pressures and a desire to spark some life into the economy has almost everyone expecting the Federal Reserve to cut its...

Producer prices drop 2.2% in November

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Producer prices fell sharply in November as energy prices plunged for the fourth consecutive month, the Labor Department reported Friday. The Producer Price Index...

’12 Days of Christmas’ items now total $86,609

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The price tag to purchase your true love each gift from the repeated verses of the fabled "Twelve Days of Christmas" carol is now...

Consumer prices fall record 1%, inflation drops to 3.7%

US Inflation Calculator Staff - 0
Consumer prices declined in October by a record level, the Labor Department reported Wednesday. The Consumer Price Index (CPI), which is the most...

Inflation rates and figures updated for November 2008

US Inflation Calculator Staff - 0
The US Inflation Calculator website has been updated with the latest Bureau of Labor Statistics (BLS) data released Wednesday, November 19. The newest figures...

Producer prices set record drop of 2.8% in October

US Inflation Calculator Staff - 0
Producer prices plunged in October for the third straight month and by a level never before on record, the Labor Department reported Tuesday. The...

Fed cuts interest rates to 1 percent, expects inflation to moderate

US Inflation Calculator Staff - 0
The Federal Reserve lowered its federal funds rate, the benchmark overnight lending rate at which banks lend to one another, by 50 basis...
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