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Ahead of the Federal Reserve’s annual conference in Jackson, Wyoming, which starts on Thursday (Aug. 21), the topic of ...
Ken McElroy on MSN5h
us inflation at 9.1% and fed target
Ken McElroy discusses the current US inflation rate of 9.1% and the Federal Reserve's target inflation rate of 2%.
The CPI showed inflation holding steady at 2.7%. However, the PPI showed inflation for the year ending in July jumping a whole percentage point to 3%.
This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on ...
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
14hon MSN
Trump’s mass deportation drive could spike inflation to 4% next year, Moody’s economist claims
The warning comes as inflation is already spiking. The Labor Department reported Thursday that the producer price index ...
Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...
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