The housing market, explained in 6 charts
It’s no secret that the housing market looks far different than it did a few years ago. While surging mortgage…
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…
Wholesale prices rose 0.2% in June, slightly hotter than expected
A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…
Biden touts cooling inflation, slams Trump tariffs at press conference
President Joe Biden on Thursday trumpeted the latest inflation report in the opening remarks of his highly anticipated solo press…
High inflation is largely not Biden’s or Trump’s fault, economists say
Inflation decelerated again in June, bringing further relief to consumers’ wallets. The consumer price index rose 3% in June 2024…
