Inflation

204 Articles
underlying-summer-inflation-has-not-meaningfully-improved,-says-feds-kevin-warsh
BusinessEconomyInflation

Underlying Summer Inflation Has Not Meaningfully Improved, Says Feds Kevin Warsh

Federal Reserve Chairman Kevin Warsh reaffirmed his commitment to stopping inflation, telling an audience of economists and policymakers that underlying trends have not...

feds-go-to-inflation-measure-holds-steady-at-3.7-percent-in-july
BusinessEconomic PoliciesInflationMarketsUS

Feds Go-To Inflation Measure Holds Steady at 3.7 Percent in July

The Federal Reserve’s preferred inflation measure came in higher than expected last month, driven by an acceleration in services prices.July’s personal consumption expenditure...

trump-to-ease-ground-beef-import-quotas-for-90-days
BusinessEconomic PoliciesInflation

Trump to Ease Ground Beef Import Quotas for 90 Days

Ground beef on display in a store in Manhattan, New York City, on March 28, 2022. Andrew Kelly/ReutersPresident Donald Trump announced on Truth...

trump-says-us-has-total-control-of-hormuz
BusinessEnergyInflationInternationalIran WarMiddle EastNational SecurityUSUS NewsUS PoliticsWorld News

Trump Says US Has Total Control of Hormuz

President Donald Trump said the United States has “total control” over the Strait of Hormuz, while Energy Secretary Chris Wright said U.S. military...

us-annual-inflation-rate-stabilizes-in-july,-slowing-to-3.4-percent
BusinessEconomyInflation

US Annual Inflation Rate Stabilizes in July, Slowing to 3.4 Percent

Stabilizing energy prices helped cool off inflation pressures for the second straight month, new government data released on Aug. 12 show.July’s U.S. annual...

trump-says-gas-prices-could-rise-if-us-strikes-iran-again
Africa NewsBusinessEconomyEnergyExecutive BranchGlobalInflationIran WarMiddle EastUSUS NewsUS PoliticsWorld News

Trump Says Gas Prices Could Rise If US Strikes Iran Again

President Donald Trump has said gasoline prices could rise again if the United States carries out another military strike against Iran, while expressing...

poll-finds-democrats-lead-gop-on-economic-trust-for-1st-time-in-decade
BusinessEconomyInflationUSUS Politics

Poll Finds Democrats Lead GOP on Economic Trust for 1st Time in Decade

A new poll finds Democrats are now slightly ahead of Republicans on the economy, their first edge in almost ten years.The Reuters–Ipsos poll,...

us-gdp-growth-decelerates-to-1.5-percent-in-2nd-quarter
BusinessEconomyInflation

US GDP Growth Decelerates to 1.5 Percent in 2nd Quarter

New government data show the U.S. economy lost momentum in the second quarter, with GDP growth falling short of expectations and signaling a...