Liberal economist Larry Summers issues frightening warning about inflation to Americans following Trump's election
Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.
US stock futures steady as rate cut bets build after CPI data; Powell awaited
Investing.com-- U.S. stock index futures steadied in evening deals on Wednesday after in-line consumer inflation data shored up bets on a December rate cut, with an upcoming speech by Federal Reserve ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
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How Inflation Will Likely Play Out Under a 2nd Trump Term
In an alternate reality, if Trump had been the president for the last four years instead of Biden, it is exceedingly likely ...
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms climb to 6.25%
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
US inflation rose slightly last month after 2 years of steady cooling but remained low
WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases ...
Inflation expected to have increased in October
The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more ...
Elon Musk wants to radically reshape who controls America’s money supply
President-elect Donald Trump’s return to the White House already carried potentially sweeping changes for the Federal Reserve ...
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
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Banks drop prime interest rates to 7.75%
FEDERAL RESERVE Board Chair Jerome Powell speaks at a news conference at the Federal Reserve in Washington, D.C. The Fed cut ...
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.