Tag Archives: Inflation

MORAN, Wyo.—Federal Reserve Chair Jerome Powell signaled Friday that the central bank could be edging closer to lowering interest rates, even as he warned of the difficult economic backdrop confronting policymakers. Speaking at the Kansas City Fed’s annual Jackson Hole symposium, Powell described an unsettling mix of risks. “In the near term, risks to inflation are tilted to the upside, …

Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food — was higher than the 3% …

The Big Money Show panel discusses President Donald Trumps plan to remodel Jerome Powells Federal Reserve. The minutes of the Federal Reserve’s July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from the impact of tariffs than the labor market as they debated interest rate policy. The Federal Open Market Committee (FOMC), the Fed …

WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of the July 29-30 meeting, released Wednesday, members of the Fed’s interest-rate setting committee “assessed that the effects of higher …

Fed Minutes Show Majority of FOMC Saw Inflation as Greater Risk  Bloomberg.com Divided Fed worried about tariffs, inflation and the labor market, minutes show  CNBC Minutes of the Federal Open Market Committee, July 29–30, 2025  Federal Reserve Board (.gov) Fed Officials Split Over How to Read Economic Signals  The New York Times Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month  The Wall …

UK inflation rises to highest since early 2024 at 3.8%  Reuters UK inflation rises by more than expected to 3.8%, largely driven by air fares  BBC Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes  The Hill Air fares and food prices push up inflation to 3.8% in July  BBC Taylor Swift’s impact has shown up …

In brief Markets slid further on Tuesday, with equities and other risk assets falling ahead of jobs and economic data. Bitcoin was recently down 3.5% as investors awaited incoming economic data and remarks by Fed Chair Jerome Powell. Ethereum also continued its retreat after nearly hitting a record high last week. Bitcoin sank below $113,000 for the first time since …

Powell has used Jackson Hole to battle inflation and buoy jobs; he’s now caught between both  Reuters Wall Street ends on muted note ahead of Jackson Hole summit, retailers’ earnings  Reuters Wall Street is banking that Powell will signal a rate cut at Jackson Hole—but the closer it gets, the less likely it looks  Fortune Fed Chair Faces Scrutiny at Major Policy Speech. …

Electricity prices are climbing more than twice as fast as inflation  Hacker NewsView Full Coverage on Google News Source link

By Jeffry Bartash Consumer and wholesale prices ticked up in July Americans are tired of high inflation. The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ironclad. The latest pair of inflation reports, to be sure, were not reassuring. A key …