US Inflation
Consumer International News

US Inflation Slows To 3.32% In October, Bringing Relief To Consumers

The US’ consumer price inflation slowed to 3.32 per cent in October, snapping its steady climb over for the last two months, CNN reported, adding that the decline has come as a huge sigh of relief for American consumers, who have been grappling with rising prices of essential commodities over the last two years. The […]

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US Fed Further Hikes Interest Rate In Fight Against High Inflation

The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet. The latest hike was the same size as its previous rate increase in […]

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Moderation In US Consumer Inflation Continues

Consumer inflation in the US moderated in February to 6.0 per cent from 6.4 per cent the previous month, but still the numbers are way above the 2 per cent target. It was at 6.5 per cent in December, and 7.1 per cent the month before. The US central bank’s policy rate is now in […]

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