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Posts tagged: inflation

Dental work performed at a free health clinic for the uninsured and underinsured at the Los Angeles Sports Arena.

Photograph by Patrick T. Fallon/Bloomberg

Dental work performed at a free health clinic for the uninsured and underinsured at the Los Angeles Sports Arena.

Health Care Costs Slow: Inflation Curb

The cost of health care in the U.S. is rising at the slowest pace in four decades, helping curb inflation. The consumer-price index dropped 0.4 percent in April from the prior month, a second consecutive decrease and the biggest since...

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An employee grabs sheets of five dollar to be loaded into a machine at the Bureau of Engraving and Printing in Washington, D.C., on April 23, 2013.

Photograph by Andrew Harrer/Bloomberg

An employee grabs sheets of five dollar to be loaded into a machine at the Bureau of Engraving and Printing in Washington, D.C., on April 23, 2013.

Inflation Concern Misplaced, Prices Cool

Arguably, the most important news from today’s Commerce Department report on consumer spending and incomes had little to do with either. The data also showed inflation is getting uncomfortably low. Prices tied to consumer spending patterns, or the unfortunately named...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, speaks to the Economic Club of New York on Nov. 20, 2012.

Photograph by Scott Eells/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, speaks to the Economic Club of New York on Nov. 20, 2012.

Bernanke’s Green Light for Easing

The latest inflation reports tied to consumer spending give Federal Reserve Chairman Ben Bernanke a green light to consider stepping up asset purchases, or quantitative easing. Today’s Commerce Department report showed that a measure of prices tied to spending advanced 1.7...

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Social Security checks are printed at the U.S. Treasury Philadelphia Finance Center in Pennsylvania.

Photograph by Dennis Brack/Bloomberg

Social Security checks are printed at the U.S. Treasury Philadelphia Finance Center in Pennsylvania.

Social Security Checks: 1.7% Bump — Critics: Seniors Falling Behind

Updated at 10 am EDT More than 55 million Social Security beneficiaries will receive a 1.7 percent cost-of-living adjustment next year, the government said today. The increase will be less than half of the 3.6 percent boost recipients received this...

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President Barack Obama at the University of Miami in Coral Gables, Florida, on October 11, 2012.

Photograph by Nikki Kahn/The Washington Post via Getty Images

President Barack Obama at the University of Miami in Coral Gables, Florida, on October 11, 2012.

Obama Shouldn’t Despair Over ‘Misery Index’

  The “Misery Index” shouldn’t give President Barack Obama reason to despair. Economic misery, measured as a combination of unemployment and inflation, is lower now than before the Democrat won the race for the presidency in 2008. Such a decline suggests a “narrow re-election”...

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Residents help clean up in front of a foreclosed home in Miami.

Photograph by Joe Raedle/Getty Images

Residents help clean up in front of a foreclosed home in Miami.

`Misery:’ Miami Worse than Cleveland — Bloomberg Index in Swing States

The “Misery Rate” — a Bloomberg index of government data combining consumer prices and the jobless rate — is over 10 percent  in President Barack Obama’s home town, and under 7 percent in Republican Mitt Romney’s home town. The rate...

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Meeting with President-elect Richard Nixon are from left standing: Bryce Harlow, assistant to the president; Paul McCracken, Chairman of Economics Advisors, Alan Greenspan, advisor to Nixon, Dr. Arthur Burns, seated left, Nixon, and Rep. Wilbur Mills, chairman of the House Ways and Means Committee in New York City on Dec. 4, 1968.

Photograph by AP Photo

Meeting with President-elect Richard Nixon are from left standing: Bryce Harlow, assistant to the president; Paul McCracken, Chairman of Economics Advisors, Alan Greenspan, advisor to Nixon, Dr. Arthur Burns, seated left, Nixon, and Rep. Wilbur Mills, chairman of the House Ways and Means Committee in New York City on Dec. 4, 1968.

The Fed and the Election Cycle

The Fed is meant to be independent and free from political pressures emanating from Congress or the White House. That hasn’t always been the case. For instance, back in the early 70s, Fed Chairman Arthur Burns was pressured by Richard...

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Seed corn in Sheffield, Illinois.

Photograph by Daniel Acker/Bloomberg

Seed corn in Sheffield, Illinois.

Small Crops + Big Inflation = Another Obama Headache?

Food-price inflation may accelerate later this year because of low corn and soybean stockpiles, adding another economic concern for consumers and candidates. U.S. corn stockpiles are poised to be the smallest in 16 years by August and soybean reserves will be lower than...

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