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Inflation Powell News Today : Breaking News, Live Updates & Top Stories | Vimarsana
More to go before Fed ends its inflation fight
The US, like much of the western world, has been battling very high inflation. In a period of 12 months ending June, inflation as measured by the personal consumption expenditures (PCE) price index, excluding food and energy items, stood at 4.1%.
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Investors Lose Hope for a Fed Pause: El-Erian, Dimon, Roubini Weigh in
There's a growing divide among investors about what the Fed's next move will be. Here's what eight market experts have forecasted.
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US Egg Prices Crash 80% From Peak As Fed Wins War Against Inflation
The average cost of a dozen eggs is $3.27, down from $4.82 at the start of 2023, according to the Bureau of Labor Statistics.
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Fed Must End Rate Hikes Quickly to Avoid Recession: Moody s Chief Economist
"The risk of inflation remaining too high appears meaningfully lower than the risk of a recession," Moody's chief economist Mark Zandi said.
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SVB Collapse Isn t Like 08 and Fed Should Keep Hiking Rates: Lisa Shalett
The SVB collapse is not like 2008, and it is more of a wake up call for any in management who may have missed "economics 101," Lisa Shallet said.
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