Nov 19th, 2008 · The drop in inflation in October reflects a huge fall in gasoline prices and widespread decline in other areas. Consumer prices fell by 1 percent in October, the biggest one-month decline on records that go back to February 1947.
Nov 14th, 2008 · One year ago, economists were worried about inflation. Now, they are worried about deflation — prices for everything from corn to soybeans to gold are falling.
Nov 11th, 2008 · Economic data out of China suggests that the world's fastest growing economy is slowing down, just as the rest of the world is counting on it to maintain growth. Inflation in China fell to 4 percent last month, marking a 16-month low. The government responded this week with a nearly $600 billion spending plan to rev up the economy.
Oct 13th, 2008 · There are lots of ways to measure the health of the economy: the inflation rate, GDP and unemployment numbers. There's another economic index — measured by someone you may have never considered an expert on economic matters — your mailman. Chana Joffe-Walt reports for member station KPLU.
Oct 7th, 2008 · Federal Reserve Chairman Ben Bernanke has signaled Fed policymakers will cut interest rates later this month. He said "downside risks to growth have increased," and that the outlook for inflation has improved.
Sep 30th, 2008 · Steve Inskeep has today's Last Word in business.
Sep 25th, 2008 · If Congress passes the proposed $700 billion Wall Street bailout, the U.S. government will likely turn to foreign investors for help. Some analysts predict the U.S. will face higher interest rates, but consumers may see a drop in inflation.
Aug 28th, 2008 · With higher than expected economic growth, economists remain concerned about inflation. Some think the economy is facing enough headwinds to keep it in check. Others say the strong GDP numbers mean the economy hasn't slowed down enough yet to curb inflation.