The New YorkFed’s survey mirrors recent findings from the University of Michigan’s poll of consumers, which showed year-ahead inflation expectations in early May rose to a six-month high ...
The progress on inflation has been frustratingly slow this year.The most recent evidence was found in the Consumer Price Index (CPI), which increased by 3.4% from a year ago in April, from 3.5% in ...
The dollar weakened as speculation grows that Friday's U.S. PCE data will show easing inflationary pressures and reignite prospects of U.S. interest-rate cuts, Swissquote Bank said. If this indeed ...
Voters may be able to stomach the painful medicine of monetary tightening to stanch inflation, but with both price hikes and interest rates staying higher than most generations have experienced, Biden ...