by shenal.tissera | Apr 7, 2025 | Uncategorized
President Donald Trump’s surprisingly high and expansive ‘Liberation Day’ tariffs levied on the rest of the world will increase inflation and slow down growth in the U.S. economy, said Federal Reserve Chair Jerome Powell on Friday. The Nasdaq closed in a bear market...
by shenal.tissera | Feb 19, 2025 | Featured, Retail
Retail sales had their worst start of the year since 2014, falling more than the modest decline expected by economists. Sales were down 0.9% from December, according to data from the Commerce Department, which includes sales online, in stores and at restaurants. But...
by Quinn Waller | Feb 16, 2025 | Featured, Inflation
NEW YORK — Consumer prices rose faster than expected in January, due in part to quirks in the way the data is measured but also signaling that progress on reducing inflation has stalled. The Consumer Price Index, a key measure of inflation, rose 0.5% from December, up...
by Jonnathan Pulla Velecela | May 10, 2023 | Inflation
Inflation is expected to slow, but barely in the Consumer Price Index report to be released on Wednesday at 8:30 am. Here are five things to keep an eye out for: April showers bring… more headaches for the Fed? Economists forecast inflation to rise 0.4 percent on a...