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MSNBC MSNBC Reports June 4, 2024 16:49:00

reporter: good morning, jose. this is a new york federal reserves monthly survey out for december. it showed that the one-year inflation outlook declined to 5%. down from the previous month and representing the lowest level in a year and a half. you saw household spending expectations tumble a full percentage point to 5.9%, the lowest level in just over a year. keep in mind, consumers still expect gas prices to rise 4% over next year, they expect food to jump 7.5%. but even those figures, all of these numbers, they represent a slowing rate of increases. now why an outlook like this matters? consumers, such a big part of the economy, consumer spending, but economists will tell you that the expectations for inflation factor heavily into its future trajectory because it is something that influences the behavior of companies when they re thinking about raising prices and thus influences workers who might be looking to do things like go out on strike ....

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BBCNEWS World Business Report June 4, 2024 05:34:00

Achieve, but not so much with the nhs and illegal immigration but when it comes to the cost of living which is the inflation factor and of course growth factor, give us your state give us your take on that. the fact that natural gas prices have come down significantly in the last few weeks, itjust gives us a crumb of hope, but not much. it is weeks, itjust gives us a crumb of hope, but not much.- of hope, but not much. it is a crumb of of hope, but not much. it is a crumb of hope of hope, but not much. it is a crumb of hope because - of hope, but not much. it is a crumb of hope because the i of hope, but not much. it is a i crumb of hope because the cost of energy such an important factor in the cost of living crisis in which everyone is feeling and we ve seen massive fallback in the wholesale price of gas from more than 300 euros per megawatt hour to about 70. that will in due course feed through to consumers bills so that will be very full for the inflation rate and it s one o ....

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CNN CNN Newsroom June 4, 2024 14:10:00

Autos. also, those prices coming down a little bit. gasoline prices are down. there might be an inflation factor in here as inflation is cooling a little bit. it might be that consumers are being very, very judgmental about what they re buying. they re making different judgments here and spending on necessities and not necessary things they don t need right away. i want to give you a quick look at the job masht. we have the latest reading on jobless claims, first-time unemployment claims. those are the lowest in 11 weeks, they fell 20,000 to 211,000. that trend is still intact. a tight labor market. still have a job market that is pretty strong. we re seeing the signs and we ll watch to see if there s a trend dropping, signs that the consumer might be starting to back off a little bit. christine, quickly, isn t this what the fed wants? they re raising rates so it does cool off the economy. by the way, you raise rates, credit card rates go up and it makes it harder to spend money. is ....

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FOXNEWS Fox News Democracy 2022 Election Coverage June 4, 2024 23:38:00

Labor unions get restless. railroad strike may be on the horizon. and, again, one of the key factors here is the war against fossil fuels. all right. this need not have happened. we could have had an all of the above strategy. but, instead, we are still producing 2, 3 million barrels per day fewer oil than fewer barrels than we had pre-pandemic. and a lot of people, including myself, don t understand this. why not side by side? why not renewables? why not fossil fuels? and, by the way, another inflation factor. refined petroleum products. permeate this economy. literally 150 or more. i mean from, eyeglasses to mris to fertilizers to clothing. there s no end to it. these prices have all gone up because of the problem with fossil fuels. we re not producing enough. ....

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Lake council unanimously approves 2023 county budget

The budget is balanced, and it even will reduce the county s property tax rate next year to $0.6490 per $100 of net assessed value, down from the 2022 rate of ....

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