Analysis Ties Surge in Inflation to Increased Spending, Value of Debt. ... “You can think about the inflation surge as partly a way to pay for the fiscal effort,” the economist said.

From “surge pricing” Kashkari then tacked to “wage growth.” He wrote that “nominal wage growth has grown to 5 percent or more, which is inconsistent with our 2 percent inflation target ...

WASHINGTON — Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave. For months, many economists had sounded a reassuring message that a surge ...

Rising inflation expectations, fueled by commodities and CPI swaps, signal higher interest rates and risks to markets. Check ...

The Bureau of Economic Analysis is expected to release the Personal Consumption Expenditures report on Wednesday. ... Economists at RBC expect the inflation surge to show up in the data for May, ...

Inflation reached a 40-year high in mid-2022, a surge sparked by COVID-19. Before the pandemic, annual inflation hadn’t topped 5% since the Great Recession of 2008.

Mark Zandi, chief economist at Moody’s Analytics, which conducts economic research and risk analysis, put it clearly in a conversation on Wednesday. “Inflation has already peaked,” he said ...

Whatever the sources of the shipping-cost surge, however, it didn’t last. So even if you believe that excessive government spending played a big role in the initial rise in inflation, future ...

The Bureau of Economic Analysis’ price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 – the height of the financial crisis.

The Bureau of Economic Analysis’ price index tracking US consumer spending rose 3.6% in the year ending April, its biggest jump since September 2008 – the height of the financial crisis.