Archive
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Slight Price Pressures Visible
As the economy continues its recovery, inflation plods along at a low, positive rate. July saw the broad CPI increase just under 0.1 percent. Core inflation, excluding food and energy, also saw modest monthly growth of 0.1 percent. However, labor market tightening and real disposable income growth have increased the upward pressure on inflation and…
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Food Prices Increase in July but Energy Prices Decrease
The Everyday Price Index (EPI) was unchanged in July because the increase in food prices was offset by a decrease in energy prices.
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From Savings to Income
More than one in three Americans is aged between 45 and 74 and is either in retirement or thinking about it. For most of these 100 million people, the days of pension plans are all but gone. Fewer than one in five workers is covered by a defined benefit retirement plan. Meanwhile, the 401(k) experiment…
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Outlook for Profit Margins
Fifty years ago, the world was a different place. In 1964, Dr. Martin Luther King, Jr. was awarded the Nobel Peace Prize, China detonated its first atomic bomb, Russian Premier Nikita Khruschev was deposed, and Nelson Mandela was sentenced to life in prison. In the U.S., Lyndon Johnson received the democratic nomination for President, the…
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Use Forecasts for Trends Only
Inflation forecasts have tended to capture the general direction and perform best in periods of economic stability.Inflation forecasts have tended to capture the general direction and perform best in periods of economic stability.
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Everyday Prices Increase in June
The Everyday Price Index (EPI) increased 0.4 percent from May to June, a slightly larger jump than the 0.3 percent increase in the Consumer Price Index (CPI). The somewhat stronger growth in the EPI is consistent with the pace over the previous 12 months, when the EPI increased 2.4 percent compared to a 2.1 percent…