Trump, inflation and stimulus check
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4don MSNOpinion
How 3% Inflation Became the New Normal
The Federal Reserve may not like it, but there isn’t much it can do about the forces keeping inflation elevated, David Beckworth writes in a guest commentary.
The Federal Reserve’s policymakers ought to ask why, with inflation stuck at 3%, investors have so confidently priced in at least two further interest-rate cuts starting today.
8don MSN
Treasury Dept. says inflation is running 'above target' as Trump insists there is 'no inflation'
Treasury said the mass departure of federal workers, President Trump's immigration policy and artificial intelligence are all impacting the labor market.
Inflation remained at 2.6% for the year ending in July, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred gauge. The report was in line with investor expectations.
Eurozone inflation eased to 2.1% in October, nearing the ECB’s target. Lagarde praised progress but warned of global and wage-related risks. View on euronews
The current price per liter for fuel is displayed on a price board at a petrol station in the morning. Consumer prices in Germany were 2.2% higher in August than in the same month last year, following 2% inflation in June and July, the Federal Statistical ...
Thanks to easing energy base effects – what a snooze, I know – headline inflation in the eurozone has ticked back down from 2.2 to 2.1% again. The European Central Bank calls this ‘the good place’ that it's currently in,
(Reuters) -India's retail inflation accelerated to 2.07% in August, as food prices inched up. Annual retail inflation quickened from a revised 1.61% in July and was in line with a Reuters poll of 2.1%.
Turkey's monthly inflation rate is expected to be 2.83% in October, driven by hikes in clothing and food prices, while the year-end annual inflation forecast rose to 32%, a Reuters poll showed on Thursday.