News

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...
Fed minutes and Powell’s Jackson Hole address may set stage for rate cut; Flash August PMIs and RBNZ decision also on ...
The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...
In a CNBC interview, Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said rates do not need to be kept “forever” and that if inflation returns to its earlier benign trend, it would ...
A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut ...
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
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Inflation Is Back, Time to Worry

The Producer Price Index surged in July, in part due to tariffs. Consumers could face sharp inflation again toward the end of ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.