US inflation

Economist Peter Schiff issued warnings about America’s economic trajectory during Wednesday’s Federal Reserve meeting, predicting the central bank’s decade-long policies will trigger an unavoidable crisis worse than 2008. What Happened: The Federal Open Market Committee kept...

President Donald Trump has never been one to hold back, but his latest jab at Federal Reserve Chair Jerome Powell might be aging worse than milk left out in the sun. Less than a day after calling Powell a "numbskull" for refusing to slash interest rates, the financial landscape has shifted...

A new Reuters/Ipsos poll suggests a decrease in approval for President Donald Trump‘s management of the U.S. economy and inflation as he approaches his 100th day in office. What Happened: Trump’s assertive economic strategies, including trade wars and Federal Reserve pressure...

Federal Reserve Governor Christopher Waller predicts a brief inflation spike as a result of President Donald Trump‘s tariffs, comparing the situation to the contentious “tush push” football play. What Happened: Waller expressed his views in a policy speech in St. ...

Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), cautioned that the tariffs imposed by President Donald Trump could trigger inflation and decelerate the U.S. economy. What Happened: In his yearly letter to shareholders, Dimon discussed the implications of Trump’s tariff...

A report indicated that new tariff policies could lead to increased costs for American households, while President Donald Trump continues to advocate tariffs as a solution to U.S. trade deficits What Happened: A Yale budget lab report suggests that U.S. households will face increased costs due...

The headline annual inflation rate, as measured by personal consumption expenditures (PCE), rose to 2.5% in February as expected, up from 2.4% in January as personal spending came in unexpectedly high. While the monthly inflation rate, according to the Fed’s favored gauge of price increases,...

Markets have been so obsessed for the past six months on when the Federal Reserve will make its first cut in interest rates, no-one has even considered thinking the unthinkable: what if it doesn’t cut at all in 2024? Until around a month ago, you could still take odds at around 3/1 that the...

Tuesday’s consumer price inflation data disappointed equity market investors who were still — despite the Federal Reserve’s insistence otherwise — hoping for the first rate cut in March. “Jerome Powell already said he wasn’t going to cut rates in March. I think the problem...

Small caps and growth stocks are out and utilities and energy stocks are back in following a surprise inflation reading that has sent U.S. equity markets plunging on Tuesday. Such was the turmoil, that the CBOE VIX Volatility Index, the so-called Wall Street fear gauge, spiked from around 13.9 to...

On Wednesday, most Asia-Pacific markets experienced a downturn influenced by the U.S. inflation data. The Nikkei 225, Kospi, and S&P/ASX 200 all saw losses, while the Hang Seng index in Hong Kong buckled the trend. What Happened: The U.S. Consumer Price Index (CPI) rose 3.1% on a 12-month basis...

Mohamed El-Erian, economic advisor to Allianz and Gramercy, has voiced concerns about the recent decline in U.S. inflation, warning that it could lead to premature rate cuts by the U.S. Federal Reserve. What Happened: In his op-ed titled “The Fed should resist market...

Since the Nov. 1 Federal Reserve policy-setting meeting, market expectations on interest rates have taken a dovish turn. Tuesday’s publication of the minutes from that meeting could provide a sobering reminder that the Fed’s thinking may lag that of the markets. Following last week...

The cryptocurrency market experienced a significant decline on Tuesday evening, despite a generally supportive environment for risk assets. This came on the heels of a cooler-than-expected October inflation reading, which led to a surge in stock prices and a substantial drop in bond yields....

Bitcoin (CRYPTO: BTC) has been making waves in the financial world, and recent data suggests a strong affirmation of its longevity. David Puell, an On-chain researcher at ARK Invest, has highlighted that Bitcoin's long-term balances as a percentage of the total supply have reached their highest...