Fox Business anchor Cheryl Casone pushed back Thursday on former Obama administration official Marie Harf’s attempt to blame companies for inflation. The Producer Price Index (PPI) rose by 2.1% year-over-year …
Inflation,
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By Howard Schneider WASHINGTON (Reuters) – Hot U.S. inflation data has put the Federal Reserve’s debate over a first interest rate cut on a potential collision course with the presidential …
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By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -The ranks of Federal Reserve officials saying there is no rush to cut interest rates continue to grow, with still-too-hot-for-comfort …
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Fox News host Sandra Smith fact-checked President Joe Biden Wednesday following a video clip of remarks he made about inflation at the White House. Biden claimed that inflation was lower …
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NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector to far outpace broader inflation …
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By Michael S. Derby NEW YORK (Reuters) – Another two Federal Reserve officials on Friday added their voices to the wave of U.S. central bankers downplaying any urgency to cutting …
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Inflation is wreaking havoc on Americans’ wallets as they prepare to celebrate Easter. Prices on all goods have risen 18.5% since January 2021, when President Joe Biden first took office, …
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By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections raised …
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Liberals are touting a new study linking climate change and inflation, but economists say that the real causes are more likely to be massive government interventions in the economy purporting …
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WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation’s political environment ahead of …
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‘You Need To Check Yourself’: Fed Chair Warns Not To Dismiss Recent High Inflation Reports Will Kessler on March 20, 2024 Federal Reserve Chair Jerome Powell warned reporters Wednesday not …
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By Ann Saphir (Reuters) – U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer …
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‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say Will Kessler on March 16, 2024 President Joe Biden recently released his budget proposal for …
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MILWAUKEE (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she expects the cost of rental housing – the single largest contributor to inflation – to move lower this …
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Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever? Will Kessler on February 14, 2024 The Bureau of Labor Statistics announced on Tuesday that inflation increased …
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By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen …
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BERLIN/FRANKFURT (Reuters) – The European Central Bank has tamed the “greedy beast” of inflation, ECB policymaker Joachim Nagel said on Tuesday, in a departure from his usual cautious tone. The …
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(Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire investor Ken Griffin said on …
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By James Davey LONDON (Reuters) – British grocery price inflation declined at a slower rate in January as the proportion of items purchased on promotion dropped compared to December, industry …
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ZURICH (Reuters) – The Swiss National Bank expects inflation to rise, Chairman Thomas Jordan said in an interview to be broadcast later on Monday. The SNB has been broadly successful …
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By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank on Monday kept its monetary policy settings unchanged, as expected, in its first review of the year as inflation pressures continued …
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(Reuters) – Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a …
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TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour …
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By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on …
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By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a “good thing” that signals productivity …