Federal Reserve Expected to Stand Pat on Rates Even
At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job gains seesaw in what seemed an emerging decline.
Trump is banking that voters will give him a pass and continue to blame former President Joe Biden for high prices.
The rise in hunger highlights what’s at stake in the sharp-edged choice Federal Reserve officials must make in the coming months.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Many Americans are hoping that a new year and a new presidency will finally mean an end to inflation, but money expert Jaspreet Singh does not believe that this will be the case. Find Out: Here's
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially sparking a relief rally in stocks tied to renewed bets on Federal Reserve interest rate cuts.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
The author examines the money supply represented by M2, the Federal budget deficit, the Fed’s previous adventures with QE, and the correlation to inflation. Click to read.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with mounting fears that the debt can’t (or won’t) be repaid,
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.