Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Spokesman-Review12d
Inflation is basically back to normal. Why do voters still feel blah?
“The path of mortgage rates will depend on economic growth and inflation, but the new normal over the next couple years will be mortgage rates in the fives and sixes.” Neither interest rates ...
CNN7d
The Fed just cut rates again — and the timing is undeniably awkward
And while that global inflation shock has certainly waned, and the rate of price hikes is close to normal, it hasn’t felt great to Americans, because those price levels aren’t going back down ...
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...
The Financial Times9d
Economists warn Trump’s policies will trigger inflation
“We’re getting much closer to normal inflation conditions [and] nothing ... trade war between the US and China by lowering interest rates by 0.75 percentage points, in what it likened to ...
NBC New York5d
Trump has promised lower interest rates. That will be largely out of his control
Trump’s own policies, though, could drive rates higher if they signal a return to higher-than-normal inflation. Trump has proposed putting sweeping tariffs on all goods imported into the U.S ...
Lethbridge Herald6h
Council completes budget review deliberations
LETHBRIDGE [email protected] Lethbridge city council in its capacity of Economic and Finance Standing Policy ...
USA TODAY on MSN13d
October jobs report: Economy added 12K jobs amid storms, strikes; unemployment at 4.1%
Average hourly pay rose 13 cents to $35.46, keeping the yearly increase at 4%. As pandemic-related worker shortages have ...
Why have interest rates been cut, and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Barron's8d
Bank Of England Cuts Interest Rate As Inflation Slows
In August, the BoE reduced it key rate for the first time since early 2020, from a 16-year high of 5.25 percent as UK inflation returned to normal levels. But it decided against a second ...
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist ...