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Stubbornly High Rents Prevent Fed From Finishing Inflation Fight
The Wall Street Journal· 6 hours agoHousing has played a large role in the inflation of recent years because its cost rose so much and...
A port-in-the-storm trade if the consumer continues to get pinched by rates and inflation
CNBC· 3 days agoThe consumer, making up 70% of the U.S. economy, is being hit by higher interest rates and sticky...
Fed’s Collins says she’s not surprised by unwelcome inflation data
Market Watch· 4 days agoBoston Federal Reserve Bank President Susan Collins said Wednesday that she wasn’t surprised by the...
Cooling Core Inflation Will Offer Minimal Relief to the Fed
Bloomberg via Yahoo Finance· 11 hours ago(Bloomberg) -- Underlying US inflation probably moderated in April for the first time in six months,...
Atlanta Fed: Economy May Grow Faster Than Expected
Barrons.com· 4 days agoThe Atlanta Fed’s GDPNow estimate predicts 4.2% seasonally adjusted annual growth, up from a prior estimate of 3.3%. The consensus for annual GDP growth...
Minneapolis Fed's Kashkari says interest rate conundrum makes 2024 uncertain
Star Tribune (Minneapolis) via Yahoo Finance· 4 days agoThe idea of a "new normal" became a post-pandemic cliche, but the president of the Federal Reserve...
Strong labor market gives Fed time to gain confidence in inflation cooling, Barkin says
Seeking Alpha· 6 days agoThe economy is moving toward a better balance although inflation data so far in 2024 has been...
President Biden Makes a False Claim About Inflation in CNN Interview
The Dispatch via Yahoo News· 2 days agoA separate measure of inflation—the Bureau of Economic Analysis’personal consumption expenditures...
Richest states by decade since 1930
Stacker via AOL· 6 days agoOur forthcoming list begins in 1930, when American workers earned $621 a year—the equivalent of nearly $8,900 in 2023, adjusting for inflation using the ...
Americans are feeling worse about the US economy amid inflation concerns
Yahoo Finance· 2 days agoThe drop in sentiment comes after several months of data showing that inflation's downward path...
