Federal Reserve Expected to Stand Pat on Rates Even
At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job gains seesaw in what seemed an emerging decline.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The Republican’s comments reflect the reality that presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy.
Many Americans are hoping that a new year and a new presidency will finally mean an end to inflation, but money expert Jaspreet Singh does not believe that this will be the case. Find Out: Here's
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
The author examines the money supply represented by M2, the Federal budget deficit, the Fed’s previous adventures with QE, and the correlation to inflation. Click to read.
Next week brings a slew of earnings from big tech companies and from other blue chips in areas such as credit cards, defense, energy and telecoms. Wednesday is shaping up to be the busiest day, with the Federal Reserve poised to make its first rate decision under a Trump presidency,
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with mounting fears that the debt can’t (or won’t) be repaid,
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides