Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface. Related Posts A High-Stakes C.P.I. Readout on Inflation Is Due What to watch for in Tuesday’s inflation number The markets have rebounded from their fall swoon — with the S&P Read more Stock Market Rallies…
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News Gas Prices Are Falling, a Win in Fight Against Inflation
A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand. Related Posts What Sam Bankman-Fried’s Conviction Says About the Fight Against Financial Fraud The Justice Department has been losing ground in the fight against financial fraud…
0 5 0September 11, 2024 -
News Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower. Related Posts Donald Trump’s older sister Maryanne Trump Barry dead at 86, NYPD confirms Maryanne Trump Barry, the older sister of former President Donald Trump, has died Monday at the age of 86, the Read more Trump’s Older…
0 6 1September 10, 2024 -
News The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts. Related Posts A High-Stakes C.P.I. Readout on Inflation Is Due What to watch for in Tuesday’s inflation number The markets have rebounded from their fall swoon — with the S&P Read more Stock Market…
0 8 0August 30, 2024 -
News CNBC presses commerce secretary on Harris’ price-fixing plan, causes of inflation
CNBC host Sara Eisen pressed Gina Raimondo, the Secretary of Commerce, on Vice President Harris’ price-fixing plan, which Raimondo deemed a “Republican talking point.” “You said that Vice President Harris is pro-business and offers a pro-business vision. And I was wondering if you could clarify that, because for a lot of our viewers and even…
0 13 0August 20, 2024 -
News Kamala Harris Blames ‘Price Gouging’ for Grocery Inflation. Here’s What Economists Say.
Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take. Related Posts A High-Stakes C.P.I. Readout on Inflation Is Due What to watch for in Tuesday’s inflation number The markets have rebounded from their fall swoon — with the S&P Read more It’s…
0 13 0August 16, 2024 -
News U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
After ending last year in a recession, Britain’s economy has so far bounced back this year. Related Posts A High-Stakes C.P.I. Readout on Inflation Is Due What to watch for in Tuesday’s inflation number The markets have rebounded from their fall swoon — with the S&P Read more Stock Market Rallies After CPI Inflation Report…
0 12 1August 15, 2024 -
News Inflation Cools to 2.9%, Shoring Up Case for a Fed Rate Cut
The Consumer Price Index reading in July was the mildest year-over-year increase since 2021. Related Posts Trump attorney sounds alarm on NY AG Letitia James amid civil fraud case: ‘She campaigned on Trump’ Trump attorney Alina Habba joined “Sunday Morning Futures” with host Maria Bartiromo on Sunday to discuss the latest on the Read more…
0 16 0August 14, 2024 -
News What to know about the inflation report.
Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but they will be watching fresh inflation data ahead of the decision. Related Posts A High-Stakes C.P.I. Readout on Inflation Is Due What to watch for in Tuesday’s inflation number The markets have rebounded from their fall swoon — with the…
0 10 0August 14, 2024 -
News Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question. Related Posts New Gene Editing Treatment Cuts Dangerous Cholesterol in Small Study The handful of patients had severe heart disease that had caused chest pain and heart attacks. After…
0 14 0August 8, 2024