https://www.pressherald.com/tag/inflation/page/3

inflation

Published
April 26, 2024

Inflation is overshadowing U.S. economic resilience, hurting Biden

Most economists say the underlying momentum of the U.S. economy remains strong. But growth and jobs – which have been surprisingly sturdy – have generated little tangible benefit to Biden’s hopes for reelection.
Published
April 25, 2024

Casco Bay Lines OKs first rate hike in 15 years, and it’s a big one – for tourists

Pending PUC approval, the ferry service will increase single, round-trip ticket prices 82% on June 1, while lowering prices for longer-term passes, benefiting residents and people who work on the islands.
Published
April 15, 2024

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices

The snapshot offers only a partial look at consumer spending and doesn’t include many services, including travel and hotel lodges. But the lone services category – restaurants – registered an uptick of 0.4%.
Published
April 6, 2024

When will Fed cut rates? As economy flexes, maybe later or not at all

Friday's blockbuster jobs report for March reinforced the notion that the economy is managing quite nicely on its own.
Published
March 30, 2024

Who wouldn’t like prices to start falling? Careful what you wish for, economists say

'There are,' the Bank of England warns, 'more consequences from falling prices than meets the eye.'

advertisement

Published
March 29, 2024

Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates

The resulting higher borrowing costs helped bring inflation down – from a peak of 9.1% in June 2022 to 3.2% last month.
Published
March 29, 2024

Not so sweet: Easter shrinkflation hits chocolate aisle as cocoa surges

Even though prices are higher, now may not be a bad time to start stockpiling some treats – especially in the week after Easter when leftover holiday goodies go on sale.
Published
March 20, 2024

Discount grocers smell opportunity amid rising prices

Together, these discount grocers and value retailers are sprinting to meet consumers where they are: hunting for cheaper grocery options.
Published
March 12, 2024

U.S. inflation ticks up again in latest sign that price pressures remain elevated

Despite February's elevated figures, most economists expect inflation to continue slowly declining this year.
Published
March 10, 2024

Hannaford, Market Basket, Shaw’s, Walmart: Check out the Press Herald’s comparison shopping

The cost of groceries has skyrocketed in recent years, but the price of food is only one factor attracting patrons to the big players in Maine's shifting supermarket landscape.