News
Marjorie Taylor Greene Calls Out Trump’s Blatant Lie on Inflation
The MAGA representative is continuing her break with the Republican Party—and the president himself. Source link
Tag
Inflation
Business
Federal Reserve’s Hammack says inflation a bigger concern than labour market
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation,…
Business
RBA keeps key rate unchanged over renewed inflation worries
Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in…
Business
US Federal Reserve’s Cook warns inflation to stay ‘elevated’ next year
A KEY US central bank official warned on Monday that inflation would likely remain elevated in the coming year as tariffs bite, while…
Business
European shares end week lower after corporate results, inflation data
European equities edged lower on Friday (Oct 31) as investors absorbed mixed quarterly results and a benign euro zone inflation report…
Business
US: Stocks end at record highs after inflation data; Dow up 1%
Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve…
Business
Women’s Shoes Lead Price Increases in September
Shoe prices increased in September in tandem with overall inflation, according to the latest data from the Footwear Distributors and…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Food price rises slow as UK inflation remains at 3.8%
Charlotte EdwardsBusiness reporter, BBC News Food and drinks prices in the UK are increasing at their slowest rate in more than a year,…
Business
Wall Street hovers near records ahead of earnings, inflation data this week
Stocks are climbing on Wall Street Monday and pulling near their records following last week’s roller-coaster ride. The S&P 500 rose 1%…
Business
Inflation is soaring, but Aldi’s Thanksgiving dinner will feed 10 people for just $40. Here’s how to get it
Thanksgiving is now less than six weeks away, which means many families are making plans for travel and meal prep. But the cost of…
Business
Trump declares inflation ‘defeated’, but many Americans are feeling the burden of high prices
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice…
News
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice…
Business
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December US Federal Reserve officials showed a…
Business
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday, pushing…
News
The High Costs of Forever QE
It amplifies the temptation to overspend in turbulent times. Source link
Business
US may need more slack in job market to hit 2% inflation: Fed’s Logan
The US labour market likely needs to weaken further for the Federal Reserve to achieve its 2 per cent inflation target, as prices are…
Business
Eurozone inflation at five-month high will keep ECB on hold
Eurozone inflation probably jumped to a five-month high in September, a reading that may reinforce policymakers’ resolve to avoid cutting…
Business
US: Wall Street indexes end up as investors weigh inflation data
Investors are also bracing for a potential government shutdown, which could disrupt data releases and add uncertainty to the markets US…
Business
Fed’s favored inflation gauge climbs slightly in August
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
Fed Independence Is a Myth Worth Keeping
Past history suggests Trump will get some slack, interest rates will go down, Powell will move on, and, unfortunately, inflation will rise…