Donald Trump has vowed that if voters return him to the White House, ‘inflation will vanish completely.’
inflation
Posted inEditorials, Opinion
Another View: Price controls are a bipartisan delusion
Both parties are guilty of this economic malpractice. Voters shouldn’t be fooled, and the candidates should know better.
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Posted inBusiness, News
Wholesale inflation remained cool last month in latest sign that price pressures are slowing
It’s another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19.
Posted inBusiness, Nation & World
U.S. inflation reaches lowest point in 3 years, though some price pressures remain
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021.
Posted inBusiness, Food, Nation & World
Diners skipping restaurants, making more meals at home as inflation trend inverts
Inflation has been easing broadly for more than a year now, and it’s been cooling faster for grocery items since the middle of the year.
Posted inBusiness, Nation & World
U.S. inflation reaches 3-year low as Federal Reserve prepares to cut interest rates
A key reason for last month’s drop in overall inflation was the third drop in gas prices in the past four months.
Posted inBusiness, Election 2024, Nation & World
Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation
Her proposal includes the government providing assistance to first-time buyers, tax breaks for homebuilders, and expanding existing incentives for companies that construct rental homes.
Posted inBusiness
‘Time has come’ for Fed to soon begin reducing interest rates, Powell says
The Fed is widely expected to announce a modest quarter-point cut in its benchmark rate when it meets in mid-September.
Posted inBusiness, Nation & World
Markets and households eagerly await Powell’s hints about Fed rate cut
Jerome Powell’s Jackson Hole speech will offer the clearest clue yet about what the Federal Reserve plans to do with interest rates at its September meeting.
Posted inBusiness, Election 2024, Nation & World, News
Inflation is falling, but the next president could bring it back
Both Vice President Kamala Harris and former President Donald Trump are pushing economic ideas that – whatever their merits – could raise prices on many goods and services, some economists said.