The PCE index shows that progression on bringing down inflation has stalled. | Economy
Prolific singer-songwriter Kathryn Williams and recently reinvigorated troubadour Dan Willson (aka Withered Hand) will kick off their UK headline tour next week, in support of their recently-announced collaboration album, ‘Willson Williams’, released this week via One Little Independent Records. The new run of UK live shows includes two Yorkshire dates at Selby Town Hall on Wednesday 29th May and Otley Courthouse on Thursday 30th May - final few tickets available here New album ‘Willson...
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.The hotter print is likely to cement the view that inflation, while down sharply since 2022, remains a challenge, and could keep the Federal Reserve on pause as it seeks to battle rising prices.It also complicates US president Joe Biden's reelection message as he seeks to convince still-skeptical consumers that the...
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.
WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid. Friday’s report from the government showed that prices rose 0.3% from February to March, the same as in the […]
Some analysts on Wall Street think Powell will say rate hikes aren't the base case but will depend on economic data and can't be ruled out.
Church officials are still scrambling to get delegates from Africa and other non-U.S. parts of The United Methodist Church to the legislative assembly that begins April 23 in Charlotte, North Carolina.
Independent presidential candidate Robert F. Kennedy Jr. has suggested that the high prices of staples such as gas and food are the "real problem" for President Joe Biden as he seeks re-election."The DNC is treating me as if I am President Biden's big challenge. But his real problem is not me, his real problem is $4 milk, $4 gas, $6 loaf of bread and the fact that this generation of American kids are never going to own their own home. We are the only campaign talking about how to make life...
Federal Safety Regulators are investigating Ford’s hand-free driver assistance system.
WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.