Fed's Preferred Inflation Gauge Stayed Elevated
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Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.
Upper-income Americans are doing better, while low- and moderate-income households are falling behind. Why does that matter?
Fed governor Christopher Waller was one of four central bank officials to highlight slow growth this week. For months, Federal Reserve officials have concentrated most of their commentary on the threat of higher inflation stemming from the White House's ...
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What is the ‘K-shaped’ economy?
The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income households struggle with stagnant wages and inflation. The divide explains economic puzzles: Strong stock markets and corporate profits coexist with sluggish hiring and mounting financial strain for lower-income and middle-class Americans.
The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and higher unemployment.
Hi there, my name is Alexa, and for each month of Donald Trump's presidency, I'm tracking the real numbers achieved by his administration on BuzzFeed. (AKA the unemployment rate, cost of eggs, gas prices,
The Reserve Bank of India’s decision to cut the repo rate by 25 basis points on Friday received a strong positive response from economists, who believe the move will support growth at a time when inflation is at exceptionally low levels.