Tag: consumer price index

Opinion: A more accurate inflation indicator is painting a bleaker picture for rising prices

Each month, with great fanfare, investors await the release of the Consumer Price Index, the headline metric that politicians and pundits cite as they opine about inflation. May’s CPI report, released June 10, gave those pundits plenty to discuss. It showed prices on the rise, up 5% in a year, marking the sharpest increase since […]

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Morning Digest: Democracy prevailed, says Biden after U.S. Electoral College confirms his win; British Foreign Secretary Dominic Raab to meet EAM Jaishankar today

Speaking at Wilmington Delaware after the Electoral College had officially given him enough votes to be declared President, Democratic candidate Joe Biden said that American democracy had been tested and had proved to be strong. He described at length the Trump campaign’ s legal challenges to the November 3 presidential election results and criticised Republican […]

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