On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
A quarter of a million people were out of work in Finland last month, with youth unemployment climbing to 26 percent.
The Central Bank of Nigeria (CBN) is alone in its perception that Nigeria’s surging inflation is fueled by excess liquidity. CBN has inauspiciously pushed the monetary policy rate (MPR), the nation’s benchmark lending rate to a record 24.75 per cent, while banks cash reserve ratio (CRR) stands menacingly at 45 per cent in a […]
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year. Consumers have had some relief as the rate of cost increases for food and energy, two key components of most budgets, has eased greatly. But auto insurance and car...
Breitbart Economics Editor John Carney is calling for a national Inflation Day protest this June to demand policy change on the most pressing issue for Americans.
Continual investments in technology and research, innovative infrastructure design and circular economy principles can help Singapore achieve water security in the context of climate change, says Ridzuan Ismail with Singapore’s national water agency, PUB.
Powell likely to signal that lower inflation is needed before Fed would cut rates
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end their latest policy meeting Wednesday, will be: Will they still signal rate cuts at all this year? Wall
After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year
Office Market Availability Rate Hits Record High In San Francisco Authored by Travis Gillmore via The Epoch Times, A confluence of factors continues to impact San Francisco’s office market, with vacancy and availability rates reaching record highs in the first quarter of 2024, according to commercial real estate analysts at global companies Avison Young and CBRE. Availability - the combination of vacancy and sublease opportunities in the market - reached 36.7 percent of all...
Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. Bitcoin Halving Results In Inflation Rate Dropping To Just 0.83% In its latest weekly report, the on-chain analytics firm Glassnode discussed the impact of the latest Halving on cryptocurrency. Halving is a periodic event on […]
Australian inflation has come in hotter than expected after lifting 3.6 per cent in the 12 months to March. But the consumer price index also cooled from 4.1 per cent in the previous corresponding year, the Australian Bureau of Statistics reported. On a quarterly basis, inflation rose one per cent, up from 0.6 per cent […]