Gov. Josh Shapiro’s budget plan continues to ramp up investment in Pennsylvania’s underfunded K-12 schools, adding more than ...

Gov. Shapiro’s budget plan continues to ramp up investment in Pennsylvania’s underfunded K-12 schools, adding more than $500 million to a formula unveiled last year that gives big boosts to poorer ...

The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and ...

Inflation rose 2.9% on an annual basis in December, which was slightly above the 2.8% rate that was forecasted by economists. This modest yet unexpected uptick comes on the heels of an uptick in ...

Democrats and Republicans in the legislature have competing visions for how to account for increases in inflation for ...

To use this formula, you need the initial and final ... in the CPI for that specific good or service. To find the inflation rate, divide the difference by the initial value (the value recorded ...

Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.

Base effects threaten to make year-on-year total and core consumer inflation rates accelerate in the December CPI report that will be released on January 15. Furthermore, if year-on-year total and ...

The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...

UK inflation fell unexpectedly in December to 2.5%, potentially opening the door to interest rate cuts by the Bank of England (BoE) next month. Financial markets now assign a 74% probability to an ...

While inflation rates have come down from peaks in 2022, many still worry about increased prices as 2025 begins. Inflation can be difficult to predict, but if trends continue, we can expect ...