The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how President-elect Trump approaches his second term.
inflation
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Inflation math is changing America’s dinner plans
For the first time in years, people are buying more groceries, including pricier brands, to replace restaurant outings. From McDonald’s to Starbucks, fast food and cafes are feeling it.
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The Federal Reserve is getting closer to cutting interest rates
The Fed kept interest rates unchanged at the highest in more than two decades. Investors are betting it will start to lower rates at its next meeting in September.
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Inflation is pinching Americans — but they are still splurging on their pets
Americans are being forced to cut corners as they deal with lingering inflation — just not when it comes to providing for their furry companions.
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Sticker shock: How the supermarket has become a potent symbol of inflation in America
Grocery prices are stabilizing, but many Americans still feel a financial sting at the grocery checkout aisle.
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How have rising prices affected you? What questions do you have about inflation?
Whether it’s our grocery lists, travel plans or savings, most of us have felt the effects of rising prices. NPR wants to know how inflation has affected your life and answer your questions about it.
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The Fed holds rates steady, sees only one rate cut in 2024 as inflation cools slowly
The Federal Reserve held interest rates steady while signaling it can cut rates only once this year. The decision came after data earlier showed inflation cooling slightly.
Posted inBusiness, Stories
Costco hot dogs have cost $1.50 since the 1980s. Here’s why prices aren’t changing
Costco’s new leadership says the $1.50 price tag on its beloved hot dog combo is “safe.” Experts explain how the retailer has defied inflation — and why it’s willing to eat the cost.
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Target is cutting prices on 5,000 items including milk, butter and pet food
Target joins other retailers trying to draw inflation-weary shoppers to stores. The chain says reductions have already been reflected in about 1,500 products.
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Eggs, milk and other grocery prices fall as overall inflation eases
Inflation eased a bit last month, according to a report Wednesday from the Labor Department. Consumer prices in April were up 3.4% from a year ago — a smaller annual increase than the month before.
