Mainstream economics, especially the kind you’ll find in central banks, likes its models tidy. They assume the economy tends to balance itself out, like a seesaw which settles itself. Inflation, in ...
Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.
Forecasters expect inflation to continue rising in the fourth quarter as President Donald Trump's tariffs continue to push up prices for everyday goods and services.
Tariffs are fueling a significant chunk of price hikes across the economy, according to a survey of executives released Wednesday.
WASHINGTON, Sept 11 (Reuters) - The U.S. economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund said on ...
Experts see 25-basis point rate cut easing pressure on US job market, while seeing different outcomes on its effects on ...
NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the ...
U.S. stocks have hit a string of record highs with minimal turbulence over the past few months, but investors say the rally ...
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