Federal Reserve likely to cause a recession, research says
Can the Fed keep raising interest rates and defeat the worst bout of inflation in 40 years without causing a slump?
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Can the Fed keep raising interest rates and defeat the worst bout of inflation in 40 years without causing a slump?
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
WBZ-TV's Jon Keller puts the president's claims to the Truth Test.
Stocks went up Thursday after a better-than-expected inflation report.
The feds are warning that inflation has pushed credit card rates to their highest level.
It could be cheaper to actually eat out for Thanksgiving this year than staying in.
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Halloween candy is shrinking - but the prices aren't.
The latest consumer price index shows in September, prices jumped 8.2% over last year.
Misty Lynch, a certified financial planner, says it may be time to look at your household budget.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
Inflation is driving up the cost of Christmas trees.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
The release of August's inflation report failed to show much improvement.
Over the last 12 months, grocery prices soared 13.1%, the largest annual increase since March 1979.
However, people are still paying 13% more for groceries.
This mom is on a mission to help parents keep their kids entertained. WBZ-TV's Mike Sullivan reports.
"Extraordinary" rate hike comes on the heels of another sharp increase in June. That means debt is about to get more expensive.
A new study says the rate of inflation in Massachusetts is outpacing the country in several key categories including gas, used vehicles and electricity.
Inflation has prompted Walmart to cut prices on some products.
WBZ-TV's Jon Keller explains what's happening.
Gasoline was one of the leading causes of inflation.
WBZ-TV's Brandon Truitt reports.
New government data shows consumer prices are up 9.1% from a year earlier.
