The consumer price index rose by 0.1% in May, bringing the annual rate of inflation to 2.4%. Excluding food and energy, the core CPI came in respectively at 0.1%...
The world’s bread basket is facing significant food inflation. Prices on groceries in Ukraine rose 22.1% in May compared to the same time period last year....
The numbers are in, and the Consumer Price Index fell to 2.3% this April annually, down from March’s 2.4% reading, according to the Bureau of Labor Statistics....
American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that...
President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING...
Trump is not responsible for egg prices. Reminiscent of those who put Biden’s sticker on gas pumps, Americans are now seeing Trump stickers in the egg section of...
Federal Reserve Chairman Jerome Powell and Donald Trump face off once again. The two have notoriously butted heads over interest rates, as Trump has accused the Fed...
Russia’s CPI reached 9.5% this December as government spending has pulled the reigns away from the central bank. Inflation elevated from 8.9% YoY in November to...
Credit card defaults in the US skyrocketed by 50% in the past year. Credit card defaults reached $46 billion in the first nine months of 2024, a level not seen...
Our models do not indicate that food inflation will ease in 2025. In fact, I have repeatedly warned that people may want to stockpile food for the next two years as...
