(Bloomberg) -- President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory?
They forecast PCE inflation – which is a slightly different measurement than the well-known Consumer Price Index – to slowly decline to 2.5% by the end of 2026, from 2.8% in the most recent reading.
A top economic adviser to President Biden repeatedly dodged the question of when the scorching, decades-high inflation that has vexed Americans for months will return to normal. Fox News anchor Martha ...
Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Luke Vargas: Hey, What's News listeners. It's Sunday, August 18th. I'm Luke ...
We’re getting lots of question about the Inflation Reduction Act. We know, weird name for the major climate and tax legislation the Senate passed earlier this week. Kimberly Adams and guest host ...
When Henry Kissinger asked for his opinion about the influence of the French Revolution, Chinese premier Zhou Enlai purportedly replied that two hundred years on it was “too early to tell.” Something ...
While there is still long way to go in what will be the longest general election process in U.S. political history, it would appear now that illegal immigration and inflation will be critical in ...
Markets have been on a seesaw of uncertainty related to the Federal Reserve's monetary policy on interest rates, as the central bank attempts to wrangle a stubborn inflation rate down to its target of ...
Stay up late enough watching cable TV and you will more than likely be told to buy gold. Not only that, you’ll also be informed of the scary reasons why. Geopolitical uncertainty almost always tops ...
President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory? Trump’s decision to ...