Unfortunately, TV news is filled with soundbites and opinions. Let’s stick with the facts, shall we? Inflation emerges when the demand for products and services exceeds the supply. This round of ...
Economists polled by Reuters had forecast the PCE price index climbing 0.3%. The inflation report comes after the Fed last week left its benchmark overnight interest rate in the 4.25%-4.50% range.
The Australian share market (AS51) is trading higher after the latest figures from the Bureau of Statistics showed core inflation easing to 3.2 percent in November. The soft inflation figure ...
Core services inflation fell to 4.4% from 5% at an annual rate, a closely watched figure by the Bank’s rate-setting Monetary Policy Committee, which holds in next meeting on 6 February. The Bank’s ...
CPI Report Keeps the Fed on Track: What the Experts Are Saying About Inflation CPI Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual ...
“I think the No. 1 thing we learned was that it's up to the central bank to take on [inflation] and stick with it until it's done,” Powell said. “That doesn't sound controversial ...