Inflation

FILE- In this Feb. 5, 2018, file photo, Jerome Powell arrives to take the oath of office as Federal Reserve Board chair at the Federal Reserve in Washington. On Friday, Feb. 23, the Federal Reserve will issue its semi-annual monetary report to Congress, which its new chairman, Powell, will testify about on Capitol Hill next week. (AP Photo/Andrew Harnik, File)
February 23, 2018 - 6:31 pm
WASHINGTON (AP) — The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant gradual increases in interest rates this year, delivering the same steady-as-it-goes message under new leader Jerome Powell as it had provided under Janet Yellen. The Fed's projection on...
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A Chinese investor monitors stock prices at a brokerage house in Beijing, Friday, Feb. 23, 2018. Asian stocks advanced Friday after Wall Street rebounded from a two-day losing streak and Japanese inflation edged higher. (AP Photo/Mark Schiefelbein)
February 23, 2018 - 6:57 am
BEIJING (AP) — Stock markets slipped in Europe on Friday, but Wall Street was expected to rise on the open and Asian indexes closed higher. KEEPING SCORE: Germany's DAX index edged almost 0.1 percent lower to 12,458 and France's CAC 40 lost 0.2 percent to 5,299. London's FTSE 100 was off 0.1...
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FILE - In this Oct. 8, 2014, file photo, an American flag flies in front of the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 22, 2018. (AP Photo/Mark Lennihan, File)
February 22, 2018 - 2:27 pm
U.S. stocks were moving broadly higher Thursday after a two-day losing streak. Industrials and technology stocks accounted for a big slice of the rally. Energy companies also notched solid gains as crude oil prices recovered from an early slide. Bond yields declined after spiking to four-year highs...
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A man walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Thursday, Feb. 22, 2018. Most Asian stock indexes fell Thursday, tracking Wall Street’s decline after the latest Fed report rekindled fears about inflation and rising bond yields.(AP Photo/Vincent Yu)
February 22, 2018 - 4:03 am
HONG KONG (AP) — World stock markets generally declined Thursday, tracking Wall Street's fall after the latest Fed report rekindled fears about inflation and rising bond yields. KEEPING SCORE: European markets fell in early trading. Britain's FTSE 100 slid 1 percent to 7,205.21 and Germany's DAX...
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FILE- In this Oct. 2, 2014, file photo, the Wall Street subway stop on Broadway, in New York's Financial District. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 21, 2018. (AP Photo/Richard Drew, File)
February 21, 2018 - 3:58 pm
Stocks indexes pared early gains Wednesday and were mostly lower in afternoon trading as investors reacted to a late-afternoon surge in bond yields. Bond prices fell, sending the yield on the U.S. 10-year Treasury note to its highest level in four years, following newly released minutes from the...
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February 21, 2018 - 11:08 am
LONDON (AP) — Bank of England Governor Mark Carney expressed hope Wednesday that British households' living standards will finally start to rise following a period when price rises have outstripped wage increases. Addressing lawmakers on the Treasury Select Committee, Carney predicted a "return to...
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This image released by Disney shows Chadwick Boseman in a scene from Marvel Studios' "Black Panther." (Matt Kennedy/Marvel Studios-Disney via AP)
February 18, 2018 - 2:20 pm
NEW YORK (AP) — A wave of feverish anticipation, fawning critical acclaim and groundbreaking cultural meaning pushed "Black Panther" to a record-setting $192 million debut in U.S. and Canada theaters, firmly establishing the superhero sensation as a box-office landmark. The Marvel film from the...
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FILE- This Jan. 8, 2018, file, photo shows an existing home for sale in Walpole, Mass. On Thursday, Feb. 15, 2018, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Steven Senne, File)
February 15, 2018 - 11:00 am
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-...
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FILE - This July 6, 2015, file photo shows a sign for Wall Street carved into the side of a building in New York. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 14, 2018. (AP Photo/Mark Lennihan, File)
February 14, 2018 - 3:18 pm
NEW YORK (AP) — U.S. stocks are closing in on their fourth gain in a row Wednesday as banks climb along with bond yields. The increase in rates came after the government said consumer prices climbed in January at a rate that was faster than economists had expected. There were few signs of the...
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FILE- In this Nov. 24, 2017, file photo, a shopper looks over clothing at a J.C. Penney store in Seattle. On Wednesday, Feb. 14, 2018, the Labor Department reports on U.S. consumer prices for January. (AP Photo/Elaine Thompson, File)
February 14, 2018 - 11:59 am
WASHINGTON (AP) — U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3 percent last month. That was the biggest climb in a year and has intensified inflation fears in financial markets. Overall consumer prices rose 0.5 percent in January, the most in four months, the...
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