While talks of a recession have receded and while the American economy is proving resilient in many sectors, there is still a plethora of issues that are burdening Americans and putting a strain on.
While talks of a recession have receded and while the American economy is proving resilient in many sectors, there is still a plethora of issues that are burdening Americans and putting a strain on.
Federal Reserve Chair Jerome Powell reiterated that inflation is still "too high" and that the path to bringing it down will be "bumpy," in an Oct. 19 speech at the Economic Club of New York. He added.
Consumer inflation, bolstered by the rise in gas and shelter prices, rose 0.6% in August. It now stands at 3.7% according to the Bureau of Labor Statistics' (BLS) Consumer Price Index (CPI), released.
Consumer inflation ticked up slightly in July standing at 3.2%, following June's 3%, according to the Bureau of Labor Statistics' (BLS) Consumer Price Index (CPI), released August 10. Warren Buffett's.