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Fed Still Has A ‘Long Way To Go’ As It Tries To Tame Inflation Without Causing A Recession, Goldman Predicts

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|Date: August 15, 2022
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Fed Still Has A ‘Long Way To Go’ As It Tries To Tame Inflation Without Causing A Recession, Goldman Predicts

Topline While the Federal Reserve has made progress cooling the economy, there has still been “little con ...

Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Gol ...

August 15, 2022
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Stores, suppliers fight over price hikes as inflation squeezes shoppers

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|Date: August 15, 2022
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Stores, suppliers fight over price hikes as inflation squeezes shoppers

A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, Ju ...

A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersLong before shoppers fill up their carts with hot dogs or d ...

August 15, 2022
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Energy Provisions In The Inflation Reduction Act

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|Date: August 14, 2022
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Energy Provisions In The Inflation Reduction Act

US Speaker of the House Nancy Pelosi (D-CA) poses with lawmakers after signing the Inflation ... [+] Redu ...

US Speaker of the House Nancy Pelosi (D-CA) poses with lawmakers after signing the Inflation ... [+] Reduction Act after the House of Representatives voted 220-207 to pass it at the US Capitol in Wash ...

August 14, 2022
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Ultra-rich still shopping for luxury despite inflation, recession fears

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|Date: August 13, 2022
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Ultra-rich still shopping for luxury despite inflation, recession fears

Prices for food, gas and travel have soared over the past year – but the rich appear to be shrugging it ...

Prices for food, gas and travel have soared over the past year – but the rich appear to be shrugging it off and are still fueling sales at luxury companies, where sneakers can go for $1,200 and sport ...

August 13, 2022
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What inflation? US import prices drop, consumer sentiment rises | Business and Economy News

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|Date: August 12, 2022
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What inflation? US import prices drop, consumer sentiment rises | Business and Economy News

Import prices, which exclude tariffs, fell 1.4 percent in July – the largest monthly drop since April 202 ...

Import prices, which exclude tariffs, fell 1.4 percent in July – the largest monthly drop since April 2020.United States import prices fell for the first time in seven months in July, helped by a stro ...

August 12, 2022
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The Inflation Reduction Act Is No Oil Killer

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|Date: August 12, 2022
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The Inflation Reduction Act Is No Oil Killer

WASHINGTON, DC - DECEMBER 15: Sen. Joe Manchin (D-WV) walks out of a meeting with fellow Democratic ... [ ...

WASHINGTON, DC - DECEMBER 15: Sen. Joe Manchin (D-WV) walks out of a meeting with fellow Democratic ... [+] senators for a break in the basement of the U.S. Capitol Building in Washington, DC. (Photo ...

August 12, 2022
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Bank of Mexico raises interest rates to record 8.5 percent | Inflation News

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|Date: August 11, 2022
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Bank of Mexico raises interest rates to record 8.5 percent | Inflation News

Mexico, Latin America’s second-largest economy, is fighting its highest inflation in 22 years.The Bank of ...

Mexico, Latin America’s second-largest economy, is fighting its highest inflation in 22 years.The Bank of Mexico raised its benchmark interest rate by three-quarters of a percentage point to a record ...

August 11, 2022
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Dow Gains 300 Points After New Economic Data Indicates Inflation Has Peaked

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|Date: August 11, 2022
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Dow Gains 300 Points After New Economic Data Indicates Inflation Has Peaked

Topline The stock market jumped for a second day in a row after more economic data showed that pricing pr ...

Topline The stock market jumped for a second day in a row after more economic data showed that pricing pressures eased in July, which added to investors’ hopes that inflation may have peaked—though so ...

August 11, 2022
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Is global inflation nearing a peak? | Inflation News

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|Date: August 10, 2022
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Is global inflation nearing a peak? | Inflation News

Calling the top of the current wave of inflation has been a painful exercise for economists and central b ...

Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again during the past year. But data on Wednesday, ...

August 10, 2022
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Inflation Cooled in July, Welcome News for White House and Fed

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|Date: August 10, 2022
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Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a ...

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a conclusive sign ...

August 10, 2022
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