Zimbabwe will from now on measure inflation using a weighted average of items priced in Zimbabwean dollars and U.S. dollars, the government said on Friday. Previously the official rate was based only on items in […]
A look at the day ahead in U.S. and global markets from Mike Dolan There was a sense of hesitation in world markets on Friday about whether dramatic re-pricing of U.S. and European interest rate […]
US stocks stocks were mixed on Thursday as traders continue to mull the prospect of higher interest rates amid signs the economy remains in high gear. All three major indexes were on track for a […]
The post ‘The Fed screwed up’: Real estate billionaire Sam Zell just warned that hot inflation isn’t going away anytime soon — here are 3 shockproof assets to help protect your wealth appeared first on […]
Focus on Survey-Based Inflation Expectations Read this Economic Brief from the Federal Reserve Bank of Richmond to learn about consumer-based surveys of inflation expectations and use the FRED graph below to compare survey responses with […]
THE US dollar slumped and China’s yuan gained on Wednesday (Mar 1) after China’s manufacturing activity expanded at its fastest pace since April 2012, while the euro rose after regional German inflation data signaled that […]
Nobody knows what’s going to happen with the economy. That’s always true, but especially in 2023. And it’s not just a matter of uncertainty: There’s a plausible case that we face three mutually exclusive scenarios. […]
Over the last two months, many reports have stated that inflation has peaked, and in the U.S., the consumer price index (CPI) has dropped for seven consecutive months since its high in June 2022. In a recent interview […]
The post Mortgage Rates Surge as Inflation Lingers appeared first on Weekly Real Estate News.
U.S. stocks fell sharply Friday after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month. The Dow Jones Industrial Average fell by 472 points, or 1.4%. The S&P 500 and Nasdaq Composite slid 1.6% and 2.0%, […]
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