The 1970s were an interesting time. Disco was hot, bell-bottoms were in and inflation started to soar. The consumer price index (CPI), which measures inflation, was just 1% at the beginning of 1971.
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
CPI report will likely show some inflation, but not enough to alarm the Federal Reserve. Read more to see my thoughts on the ...