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Trump Claims U.S. Inflation Is The Worst It’s Ever Been—Here’s Why He’s Wrong
Forbes· 15 hours agoInflation is the worst it’s ever been in American history, former President Donald Trump falsely...
Do we really need $1M in retirement savings? Not even close, one top economist says
USA TODAY via Yahoo Finance· 10 hours agoAnd then there is the 4% rule: Plan to withdraw 4% of your retirement savings to cover your annual...
Wages are growing faster than inflation, according to the latest "eye popping" jobs report
Salon via Yahoo Finance· 2 hours agoThe annual inflation rate, by comparison, is 3.4%, noted economist Steven Rattner. According to the...
Gold Forecast: Downside persists as September Fed rate cut hangs in the balance
The Forex Market· 3 hours agoGold lost its bullish momentum on Friday, ending the week little changed. The Fed’s policy...
The wiggle room around 2% inflation targets
Reuters· 14 hours agoThe European Central Bank and the Bank of Canada, covering four of the G7 major economies, cut interest rates on Wednesday and Thursday in the first...
Job figures are coming out, and here’s my prediction: The markets will overreact to the headlines
Houston Chronicle· 1 day agoWithin minutes of the data drop, news organizations send out push alerts, pundits start opining, and the headlines — and headline numbers ...
Bank of Canada seen cutting interest rates three more times this year
Financial Post via Yahoo Finance· 2 days ago“We continue...day for Canada’: RSM “The Bank (of Canada) had all the ingredients for a rate cut: ...
Labor Heats Up Again: Jobs +272K, Unemployment +4.0%
Zacks via Yahoo Finance· 5 hours agoThese include what’s known as the Inflation Rate (headline CPI year over year), which a month ago reached +3.4%, which is roughly the median we’ve seen...
Gold & Silver get slammed on positive economic reports
The Forex Market· 18 minutes agoSilver has been quietly outperforming gold since February. The junior monetary metal still has a...
A high-stakes jobs report as the economy softens
Politico· 8 hours ago“We’re going to have to wait.” Ok, so what? If the labor market is softer than the headline number suggests, it raises the risk that the Fed might be slow to cut interest ...