Americans are increasingly financing the basic necessities of life because their paychecks are no longer stretching far enough. Buy-now-pay-later financing has...
The latest inflation figures should put an end to the ridiculous claims that inflation has been defeated. The Producer Price Index surged 1.3% in September alone,...
The September Consumer Price Index has come in at 3.7%, up from 3.4% in August, with prices rising another 0.6% in a single month. The Bureau of Labor Statistics...
Economists keep pointing to consumer spending as proof that the American economy remains strong. Americans spent 0.9% more in August, and naturally this is being...
Consumer prices in the USA rose 0.4% in August, four times July’s 0.1% increase, while annual inflation remained at 3.4%. The politicians will point to that...
The Federal Reserve’s preferred inflation gauge rose again in July, with the headline Personal Consumption Expenditures index increasing 0.2% for the month...
Wholesale prices were unchanged in July, coming in below expectations for a 0.2% increase. The Producer Price Index was flat after a revised 0.1% decline in June,...
The Federal Reserve voted to leave its benchmark interest rate unchanged at 3.50% to 3.75%, marking the fifth consecutive meeting without a change. Yet the 9–3...
Politicians can point to a lower inflation report, but they cannot explain why Americans are standing in grocery aisles putting food back on the shelf. CNBC reports...
New York Federal Reserve President John Williams now says inflation has likely peaked and that monetary policy is “well positioned” to bring inflation...
