January 10, 2025
“Treasury Secretary Janet Yellen said that Biden-era stimulus spending may have contributed “a little bit” to the country’s subsequent inflation woes. But the widespread rise in prices was mostly “a supply-side phenomenon” caused by the Covid-19 pandemic itself, Yellen told… Continue Reading…
January 9, 2025
“… …” https://www.cnbc.com/2025/01/08/fed-minutes-january-2025.html Which policies? None were listed. No evidence given leads me to believe the Fed is lying. You know what will increase inflation? The Fed lowering interest rates will. I’m not saying lowering them is a bad thing… Continue Reading…
October 2, 2024
“Stocks could see a 10% drop by the end of the year, Stifel’s Barry Bannister says. The bank’s stock-strategy chief pointed to the slowing job market and the potential for sticky inflation. He added that interest rates likely aren’t dipping… Continue Reading…
August 20, 2024
“The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting the 12-month inflation rate at 2.9%, its lowest since March 2021. Excluding food and energy, core CPI came in at a… Continue Reading…
August 20, 2024
“Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after… Continue Reading…
August 1, 2024
“Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday. Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, hit 2.9% in July, which was higher than expected.… Continue Reading…
July 29, 2024
“…The bank raised the rate by 200 basis points to 18.00%, noting that inflation has accelerated and is developing “significantly above” its forecast. It noted that inflationary risks have been driven by high inflation expectations and changing trade terms as… Continue Reading…
May 30, 2024
“…The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC on Tuesday. Asked what conditions were needed for the Fed to cut rates once or twice this year, Kashkari… Continue Reading…
May 20, 2024
“…Consumer sentiment, a gauge of Americans’ economic perceptions, is at a six-month low, according to a closely watched index by the University of Michigan. The measure notched its biggest drop since 2021, reflecting the persistent tug of inflation on household… Continue Reading…
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