Tag Archives: Inflation

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 …

The Yiddish phrase “farshlepteh krenk”, untranslatable into English, describes an illness that just won’t go away. That is how some rich countries’ experience of inflation has felt. The rate of price increases has fallen sharply since the acute phase in 2022, when inflation across the OECD rose to nearly 11%, its highest since the 1970s. In June average inflation across …

WASHINGTON, DC – SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. The Federal Reserve announced today that they will cut the central bank’s benchmark interest rate by 50 basis …

America starts to feel the squeeze: What we know about tariffs and inflation  Axios Trump tariffs: A grocery shopper’s guide  The Hill Tariff-driven price hikes may be hidden by products stuck in ‘the middle mile’  CNBC Why Haven’t Tariffs Boosted Inflation? This Theory Is Gaining Traction – WSJ  The Wall Street Journal You’re welcome, world: U.S. tariffs may cool inflation for the rest of …