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…
Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…
China’s inflation numbers miss expectations, rising 0.2% in June
BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices…
Watch Fed Chair Jerome Powell testify live before Senate banking panel
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‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…
Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough…
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he…
Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum
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