Insana says the case is clear that inflation is over
NEW YORK, NEW YORK – JANUARY 12: Eggs are seen on a shelf at Pioneer Supermarkets on January 12, 2023 in the Flatbush neighborhood of Brooklyn borough in New York…
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. Michael Nagle | Xinhua News Agency | Getty Images…
US Annual Inflation Rises 6.5%, Registers Slowest Pace In Over A Year
The annual figure is also down from November’s 7.1 percent spike. (File) Washington: Consumer inflation in the United States slipped in December to the lowest level in over a year,…
Prices fell 0.1% reflecting a slowdown for inflation
Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer…
Inflation crisis posing greatest near-term threat, Davos survey warns
A customer hands over an Egyptian pound banknote for a purchase at Al-Monira food market in the Imbaba district of Giza, Egypt, in January 2023. Egypt is one of many…
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though…
Powell says Fed might make unpopular decisions to stabilize prices
Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech delivered…
Consumers see inflation, and spending, cooling, New York Fed survey shows
People shop for goods at a Publix in Nashville, Tennessee, on December 22, 2022, ahead of winter storm Elliot. Seth Herald | AFP | Getty Images Consumers see the inflation…
Fed’s Esther George sees rates staying high at least into 2024
As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out…
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy. The…