Browsing: inflation
The countdown to the 90-day freeze on sweeping Liberation Day tariffs expires next week, and President Donald Trump’s administration is…
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
For the first time this year, consumers pulled back on spending as the bad mood that’s been pervasive since tariffs…
A quarter of Americans now say they need to make at least $150,000 to feel secure—and inflation is largely to blame
An increasing number of Americans say they need more money to feel financially secure, a phenomenon that is only partly…
Trump urges Congress to grill ‘very dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates
The Fed chairman will appear before Congress today and tomorrow, first before the House Financial Services Committee on Tuesday morning…
Tentative ceasefire between Israel and Iran may have just staved off potential ‘stagflationary shock’ akin to Russia’s Ukraine invasion
A tentative ceasefire announced by President Donald Trump this evening—but not yet verified by Israel or Iran—may have shifted the…
Russia’s wartime economy, once defiant in the face of Western sanctions and geopolitical isolation, is showing signs of fatigue. On…
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this fall looks more appropriate than moving…
Investors were treated to another predictable Fed meeting. Interest rates remained the same, which had been all but a certainty in…
Interest rates were largely a settled matter. Instead, investors turned their attention to the Fed’s economic forecasts for the year. …
Fed meets as policymakers are expected to assert their independence amid Trump’s pressure
The Federal Reserve is expected to hold interest rates steady. Investors will be keeping a close eye on Fed officials’…












