News

This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
Ken McElroy breaks down the Fed's aggressive interest rate hikes and their impact on targeting 2% inflation. He explains the mechanisms the Federal Reserve is using.
The Labor Department reported Thursday that the producer price index (PPI)—a measure of wholesale inflation before it hits ...
Australian shares are set retreat from record levels on Monday as investors ponder the outlook for corporate profits and ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
Economy will grow more slowly, inflation will move higher in Trump's term amid his tariff, immigration, budget plans. But U.S. should dodge recession ...
U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...
A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas City Fed’s annual Economic Policy Symposium kicks off Thursday evening in Jackson Hole, Wyoming. Chair Jerome ...
July’s consumer price index held steady at 2.7% year-over-year — slightly below expectations — offering a brief sense of relief.
Most companies, it turns out, have been reluctant to raise prices. Americans are tired of inflation and they are more resistant to price increases, forcing firms to adopt an array of strategies. The ...
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...