September 22, 2023

Pence trashes Trump’s tax plan, says 10% tariff would ‘increase inflation at the worst possible time’

Former Vice President Mike Pence attacked Donald Trump’s plan to slap a universal 10% tariff on imported goods if he is reelected in 2024. An across-the-board tariff like the one […]

September 20, 2023

Fed’s soft landing strategy aims to curb inflation and maintain economic expansion

The Federal Reserve is striving to manage high inflation without disrupting the ongoing economic expansion, according to its latest forecast released on Wednesday. The central bank aims to achieve a […]

September 16, 2023

U.S. crude oil hits year high, stoking inflation fears

The U.S. benchmark crude oil has achieved a record high for the year, with prices exceeding $90 per barrel on Friday, September 15, 2023. This increase accompanies a notable rise in diesel […]

September 13, 2023

U.S. inflation accelerates to 3.7% in August amid jump in gas prices

U.S. consumer prices accelerated by more than expected on a yearly basis in August, as a sharp uptick in gas prices contributed to lingering inflationary pressures in the world’s largest […]

September 13, 2023

U.S. stocks rise after inflation report; Fed meeting in focus

U.S. stocks were rising after the annualized core inflation reading for August met expectations, stoking hopes the Federal Reserve is reaching the end of its interest rate increases. At 11:19 […]

September 11, 2023

U.S. stocks are rising on hopes for Fed rate pause; inflation data in view

U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors anticipate nearing the end of its interest rate increases. At […]

September 6, 2023

U.S. stocks are falling on higher oil prices and inflation worries

U.S. stocks were falling on Wednesday, extending a slow start to September as investors look forward to the Federal Reserve’s meeting later this month. At 10:49 ET (14:49 GMT), the Dow […]

September 2, 2023

Latest economic data shows Fed ‘not making any progress’ on inflation: ‘It’s a real mess,’ expert warns

Despite the Federal Reserve’s attempt to combat crippling inflation, one expert argued the latest jobs report and inflation data indicate the central bank is “not making any progress” in achieving its target […]

August 25, 2023

Jackson Hole: Read Fed’s Powell speech saying inflation not dead yet

‘We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our […]

August 24, 2023

Harker says Fed has ‘probably done enough’ to curb inflation

The president of the Federal Reserve Bank of Philadelphia said he thinks the U.S. central bank has raised interest rates high enough to bring inflation down over the next few […]

August 24, 2023

Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost

Treasury Secretary Janet Yellen said the Inflation Reduction Act has helped continue to strengthen the labor market. Yellen said the Biden administration will focus on reducing inflation while “maintaining a […]

August 16, 2023

Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes

WASHINGTON (AP) — Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July […]

August 14, 2023

Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit

WASHINGTON (AP) — Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that […]

August 14, 2023

Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit

WASHINGTON (AP) — Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that […]

August 13, 2023

Understanding Interest Rates, Inflation, and Bonds

Owning a bond is essentially like possessing a stream of future cash payments. Those cash payments are usually made in the form of periodic interest payments and the return of principal when the bond matures. In the absence […]

August 11, 2023

Top 15 Stocks to Buy as Inflation Comes Roaring Back

July’s CPI report may show a 3.3% increase, up from June’s 3.0% reading. I believe inflation will likely rise in the coming months due to higher energy and food costs. […]

August 11, 2023

Stocks fall, yields rise after hotter than expected inflation reading

By Sinéad Carew NEW YORK (Reuters) – A global index of stocks fell on Friday while U.S. Treasury yields rose after a July inflation reading showed prices rising slightly faster […]

August 11, 2023

US inflation means families are spending $709 more per month than two years ago

US inflation has had a snowballing effect on family budgets. The typical American household spent $709 more in July than they did two years ago to buy the same goods […]

August 10, 2023

Marketmind: A sticky inflation situation

A look at the day ahead in U.S. and global markets by Amanda Cooper Everyone is laser-focused on U.S. inflation right now. With a relentless set of rate hikes, the […]

August 10, 2023

U.S. stocks jump after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 11:28 ET (15:28 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

U.S. stocks surge after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 9:37 ET (13:37 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

U.S. stocks surge after better-than-expected inflation report

Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 9:37 ET (13:37 GMT), the Dow Jones Industrial Average was up […]

August 10, 2023

U.S. inflation rose by slower-than-expected 3.2% in July

Investing.com — Annual U.S. inflation accelerated by less than expected in July and rose at the same pace on a monthly basis, pointing to a possible easing in price pressures […]

August 10, 2023

U.S. inflation rose by slower-than-expected 3.2% in July

Investing.com — Annual U.S. inflation accelerated by less than expected in July and rose at the same pace on a monthly basis, pointing to a possible easing in price pressures […]

August 9, 2023

U.S. stocks are falling as investors await inflation report for July

Investing.com — U.S. stocks wobbled were falling on Wednesday as more corporate earnings rolled out. Entertainment giant Walt Disney is expected to report after the closing bell. By 11:17 ET (15:17 GMT), […]

August 9, 2023

Wall Street drops ahead of CPI inflation data

By Echo Wang and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes fell on Wednesday, a day after a report saying Americans borrowed more than ever on their credit […]

August 9, 2023

Is Inflation Tamed? Thursday’s Inflation Numbers Will Give the Fed New Clues

If economists’ expectations are to be believed, the Federal Reserve may be inclined to keep pushing rates higher at the September meeting, as they pursue the “Golden Path.” KEY TAKEAWAYS The July […]

August 9, 2023

Is Inflation Tamed? Thursday’s Inflation Numbers Will Give the Fed New Clues

If economists’ expectations are to be believed, the Federal Reserve may be inclined to keep pushing rates higher at the September meeting, as they pursue the “Golden Path.” KEY TAKEAWAYS The July […]

August 8, 2023

Oil and food prices are rising, and so are wages. Inflation isn’t beaten yet

The fight against the steep price rises unleashed by the pandemic and war in Ukraine has been long and painful, with central banks hiking interest rates at a scorching pace […]

August 7, 2023

S&P 500, Dow kick off week higher; U.S. inflation in focus

The benchmark S&P 500 and the Dow climbed higher on Monday following a choppy week, with investors looking ahead to a highly awaited U.S. inflation report due later in the week that […]