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 ...

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, ...

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 ...

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.

Bureau of Labor Statistics, Bureau of Economic Analysis. ... would be inflationary, warnings that appeared to be vindicated by the inflation surge of 2021-22. In retrospect, ...

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.

New analysis highlights just how unusual the surge in trading of US Treasuries was last month, just a minute before the release of closely watched inflation data. The trading volume for 10-year ...

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.