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Inflation is no longer at a 40-year high but still stubborn: These are the items still expensive
Bankrate via AOL· 7 hours ago“Rapidly rising housing costs continue to be the economy’s Achilles’ heel and the inventory crunch...
Confounding US economic, inflation data cloud Fed's rate path
Reuters via Yahoo Finance· 1 day agoIt was the first reading below the Fed's 1.8% estimate of the economy's potential since the second...
U.S. GDP Growth Slows Markedly, And Inflation Remains The Focus
Seeking Alpha· 3 hours agoUS GDP growth slowed to 1.6% annualised in Q1 2024, less than half the 3.4% rate recorded in 4Q23,...
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
CNN Business via AOL· 13 hours agoThe US economy “looks more like the 1970s than we’ve seen before,” he said earlier this week at a...
Gold Consolidates Ahead of US PCE Report; Euro Up on Rate Cut Bets; Bitcoin Slips | Investing.com
Investing.com· 2 hours agoAlthough the US GDP report revealed smaller-than-expected growth in output in Q1, it also indicated...
The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider· 16 hours agoThe first-quarter GDP report surprised investors with disappointing growth, while consumer prices...
Investors are more worried about inflation than a weakening economy
Yahoo Finance· 1 hour ago"There was a lot to be worried about in terms of inflation." Many strategists have argued the market...
Fall in inflation doesn't mean we should cut interest rates, Bank of England's Pill says
Evening Standard via Yahoo Finance· 3 days agoThe Bank has repeatedly flagged the much higher rate of services inflation, which is still 6.0%, as...
US Dollar jumps higher after US GDP reveals burning hot inflation on all fronts ahead of PCE on...
The Forex Market· 21 hours agoThe US Dollar heads stronger after US GDP print. GDP is a miss, though very hot PCE and Price Index...
Forget Interest Rate Cuts. One Economist Says Rate Hikes Are More Likely This Year
CNET· 14 hours agoThe Fed paused the federal funds rate at a target range of 5.25% to 5.5% in August last year after...