It’s clear that inflation is a problem that’s not going to subside any time soon. Producer prices and Consumer Price Index goods inflation both rose 10 percent in February from a year ago. The ongoing ...
President Biden responded to the latest Consumer Price Index report with an admission that Americans are hurting as a result of price increases not seen in decades, but he remained optimistic that the ...
So far, we have held the line on the market pricing in three rate cuts, but today was a clear break from that. Earlier in the year, the market got well ahead of itself with saying we would have six ...
President Donald Trump’s plans to implement higher tariffs have reignited Americans’ fears about higher prices. That could ...
The dismal May inflation report has some Wall Street economists betting that the Federal Reserve will raise interest rates by 75-basis points in June or July as policymakers try to tame runaway ...
The S&P 500 had one of its best weeks in 2023. Since bottoming on 27 October 2023, the index has flirted with recording its fastest comeback ever after going into a correction, rising 9.5% in the ...
The Fed is prioritizing low unemployment over controlling inflation, despite inflation being persistently above target for over four years. Powell admits rate cuts would have already occurred if not ...
This year's elections confirmed the hollowness of arguing that low inflation means that Americans are doing fine. Consumers don't care about inflation - they care about high prices, and they see high ...