Political Capital

Posts tagged: inflation

Customers check out at a Costco Wholesale Corp. store in San Francisco

Photograph by David Paul Morris/Bloomberg

Customers check out at a Costco Wholesale Corp. store in San Francisco

Good News for Fed, Less So For Average Joe

Federal Reserve policy makers may be breathing a tad easier today after the Bureau of Labor Statistics’ consumer price report showed diminishing odds of deflation. Higher costs for food and rent helped boost consumer prices 0.2 percent in March, the...

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Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Photograph by Sam Hodgson/Bloomberg

Job seekers speak with representatives at the Recruit Military veteran job fair in San Diego on Feb. 27, 2014.

Yellen: Meaning of ‘Some Time?’ — ‘Indirect Pushback’ Seen

It depends on what the meaning of  “some time” is. Federal Reserve Chair Janet Yellen got everyone’s attention — meaning the stock markets — when she said at a press conference on March 19 that the Fed might start raising...

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Customers pre-pay for Xbox One video games consoles at Best Buy Co. sales counters in Los Angeles.

Photograph by Patrick T. Fallon/Bloomberg

Customers pre-pay for Xbox One video games consoles at Best Buy Co. sales counters in Los Angeles.

Cheap Dream Home Theater Systems Make for Best Buy Nightmare

Price cuts are making that dream home theater system with surround sound and a big-screen TV a reality for more Americans. For Best Buy, they’ve become a nightmare. Shares of the electronics retailer have plunged today by the most in...

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Janet Yellen, vice chairman of the U.S. Federal Reserve and U.S. President Barack Obama's nominee as chairman of the Federal Reserve, testifies before a Senate Banking Committee confirmation hearing in Washington, D.C., on Nov. 14, 2013.

Photograph by Pete Marovich/Bloomberg

Janet Yellen, vice chairman of the U.S. Federal Reserve and U.S. President Barack Obama's nominee as chairman of the Federal Reserve, testifies before a Senate Banking Committee confirmation hearing in Washington, D.C., on Nov. 14, 2013.

Bloomberg by the Numbers: $4 Trillion

That’s what the Federal Reserve’s balance sheet is poised to exceed. The holdings of $4 trillion are prompting warnings that the Fed’s record easing is inflating asset-price bubbles and drawing renewed lawmaker scrutiny just as Janet Yellen prepares to take charge, as...

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Job seeker Lanesha Herring reviews her resume and paperwork during a job fair in New York on Aug. 22, 2013.

Photograph by Craig Warga/Bloomberg

Job seeker Lanesha Herring reviews her resume and paperwork during a job fair in New York on Aug. 22, 2013.

Unemployment, Inflation Link Not Broken: Gordon

The optimal rate of unemployment, or the level that keeps inflation stable, is higher than most currently think. That’s the conclusion of Robert J. Gordon, an economics professor at Northwestern University. “This result is important news for the Fed,” Gordon...

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Ice cream is your weakness instead? Down 1.7 percent over the past month alone, the biggest decline since June 2009.

Photograph by Jin Lee/Bloomberg

Ice cream is your weakness instead? Down 1.7 percent over the past month alone, the biggest decline since June 2009.

May Consumer Prices: Cookies, Drugs

Have a sweet tooth and are under a doctor’s care? Then you’re probably seeing record-low inflation. The consumer-price index climbed 0.1 percent in May, the Labor Department reported today, less than the 0.2 percent median forecast of economists surveyed by...

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A sale sign at a retail store in the Georgetown neighborhood of Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A sale sign at a retail store in the Georgetown neighborhood of Washington, D.C.

Slow Inflation: Warning Signal

Falling prices may sound good to the U.S. consumer, but Federal Reserve policy makers may be cringing at figures this morning showing that inflation has slipped further below their 2 percent target. The personal consumption expenditures price index, the Fed’s...

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Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Photograph by Patrick T. Fallon/Bloomberg

Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Payroll Gains, Inflation Concerns: Fed

Recent payroll gains, especially combined with depressed prices, still aren’t enough to break out the champagne and halt the Federal Reserve’s unprecedented stimulus, Boston Fed President Eric Rosengren said today. “While we have seen some improvement in labor market conditions,...

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A customer using a credit card at a gas station in Miami, Florida.

Photograph by Joe Raedle/Getty Images

A customer using a credit card at a gas station in Miami, Florida.

Deflation Scare Put on Temporary Hold

Concern over disinflation and deflation will probably be put on hold in coming months as commodity prices stabilize, according to economists at Jefferies & Co. in New York. They also contend it will be too soon for Americans to let...

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