Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Tag
Inflation
Business
Apparel Prices Inch Up in July, but Are Still Down Over the Past Year
Inflation stuck around in July with seasonally adjusted prices on goods across the economy up 0.2 percent from June, with apparel…
Business
Stock market rises after inflation report drives hopes for lower interest rates
The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last…
Business
US: Wall St opens higher as inflation rises moderately in July
Wall Street’s main indexes opened higher on Tuesday (Aug 12) after data showed inflation rose broadly in line with expectations in July,…
News
Trump Gets More Terrible News on Inflation as He Tries to Rig Numbers
“I’m announcing a historic action to rescue our nation’s capital from crime, bloodshed, bedlam, and squalor, and worse,” Trump told a…
Business
RBA cuts interest rates, signals more to come as inflation slows
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
Trump nominates conservative economist to head agency that compiles jobs, inflation data
President Donald Trump said Monday that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the…
News
Hawley’s Tariff-Rebate Plan, Slightly Tweaked, Is a Good Step
Rebates tied to inflation can turn the lemon of inflation into the lemonade of a GOP that directly helps the working class. Source link
News
Here’s Your Warning Sign: Inflation Just Spiked in Every Key Indicator
Lawyers alleged that the department’s new rule violated Section 527 of the 2024 DHS appropriations bill, as incorporated by the fiscal…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
News
Trump says he likes a strong dollar, but a weaker one is ‘good for inflation’
U.S. President Donald Trump said on Friday he liked a strong dollar but “you make a hell of a lot more money” with a weaker one. “So when…
Business
Early School Shopping Triggered by Inflation Fears, Deals at Stores
Back-to-school shopping is quickly heating up as retailers offer up better discounts and consumers fret over rising prices and potential…
Business
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Business
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Business
US: Wall St opens higher as inflation data, earnings take centre stage
Wall Street’s main indexes opened higher on Wednesday (Jul 16) as investors sifted through new inflation data and digested a fresh round…
Business
Faisal Islam: Inflation complicates next month's rate decision
While the economy started this year strongly, Wednesday saw another example of a surprise to the markets in the wrong direction. In May…
News
Trump’s Rage Erupts as Inflation Rises and His Pollster Openly Panics
On Tuesday, we learned that inflation rose last month. The New York Times said inflation “accelerated,” ABC News noted it “surged,” and…
Business
Fed’s Logan says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs…
Business
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the…
Business
Trump Promised to End Inflation. He’s Bringing It Back Instead.
The only uncertainty about how much inflation Trump’s tariff policy will create going forward is that we don’t know what Trump’s tariff…
News
It’s Official: Trump’s Tariffs Are Driving Up Inflation
The Supreme Court has cleared the way for Trump to destroy the Department of Education. Until Monday, a lower court’s injunction had…
Business
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Business
India’s cooling inflation prompts rate-cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
Business
Gold holds ground with spotlight on US inflation data
Gold inched higher on Tuesday (Jul 15) as traders awaited the release of US inflation data later in the day that could shed more light on…