Is Biden due for a boost in polls as the economy improves? Pollsters say inflation still looms large
New Jersey Gov. Phil Murphy on Tuesday predicted that President Joe Biden will get a much-needed boost in the polls…
Inflation gives millions new access to investments for the wealthy, says SEC
Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue…
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
European Central Bank holds rates and trims its inflation forecast
The European Central Bank on Thursday held interest rates steady for the second meeting in a row, as it revised…
Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…
Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…
Wholesale prices held flat in November, providing another encouraging inflation signal
Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday. The…
Here’s the inflation breakdown for November 2023 — in one chart
Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of…
Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
Famed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.…
