Inflation

Business

Auto insurance inflation set to tap on the brakes, BofA economist says (NYSE:TRV)

Rising auto insurance premiums have been a notable driver of inflation in the past several months. In April, motor vehicle…

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Here Are My Predictions for Inflation If Trump Wins

The 2024 election will be here before you know it, and economists are watching it closely. If Donald Trump wins…

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Here Are My Predictions for Inflation If Biden Wins Again

Pool via CNP / Shutterstock.com Stubborn inflation has been hitting Americans at every level: From grocery prices to those of…

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Walmart and Target earnings show Americans are struggling with inflation

Economists have been looking for cracks in U.S. consumer spending for years now amid persistent inflation and higher interest rates,…

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RBNZ keeps interest rates steady, sees delayed cuts amid sticky inflation By Investing.com

Investing.com– The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay…

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Stalled progress on inflation means more information needed before Fed cuts: Mester

Rob Kim With progress on inflation stalling in the first three months of 2024, Cleveland Fed President Loretta Mester echoes…

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Business

too early to tell if slowdown in inflation ‘long lasting’ By Reuters

By Michael S. Derby (Reuters) – The recent ebbing in some key price increase indicators is encouraging but it is…

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Jamie Dimon warns markets are fooling themselves by thinking inflation will soon go away

JPMorgan CEO Jamie Dimon worries exuberant investors are running ahead of themselves due to what he called “a lot of…

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BlackRock’s Rieder says Fed rate cut would tame inflation by tamping down services demand

Alistair Berg/DigitalVision via Getty Images BlackRock’s head of global fixed income says the Federal Reserve should cut interest rates to…

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Oil turns higher as U.S. inflation cools, crude stocks drop more than expected

SlavkoSereda/iStock via Getty Images Crude oil futures reversed course to finish higher Wednesday, as U.S. government data showing a slight…

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