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Can you pass a seven-question quiz on financial literacy? Most Americans could not.

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...
Bloomberg L.P.

Fed’s Powell Says Tariff-Driven Inflation Remains a Big Question

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of tariffs on consumer prices. “The question is, who’s going to pay for the ...

US inflation slows to 2.4% in January. What it means for interest rates.

The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.

Inflation slowed to 2.4% in January, helped by lower gasoline prices

While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.
AOL

Sandra Smith Catches Former Harris Adviser Flat-Footed With Basic Question About Inflation Rate

Fox News host Sandra Smith stumped former Vice President Kamala Harris’ Senior Adviser Mike Nellis by asking him what the current rate of inflation is. The Consumer Price Index (CPI) increased by 2.7% ...