Key Inflation Gauge Rises Slightly in November, Offering Mixed Signals for the Fed
A slightly better than expected report on inflation.
A slightly better than expected report on inflation.
The U.S. economy will barely notice if the federal government needs to shut down because funding authorization runs out at 12:01 a.m. on Saturday, December 21.
Leading economic indicators increased in November, something they havent done since February 2022.
Federal Reserve officials this week came as close as they are probably ever going to get to admitting that the aggressive interest rate reduction they enacted weeks before the 2024 election was a mistake.
Concerns over more inflation and higher rates triggered a sharp sell-off on Wall Street.
The Federal Reserve announced the third consecutive cut in its interest rate benchmark on Wednesday, a move widely anticipated by investors and financial markets.
The Federal Reserve’s insistence that monetary policy is restrictive is looking more and more ridiculous.
The Fed seems bent on cutting rates again this month. Trump’s economic team is worried this could revive inflation.
“This is a monumental demonstration of confidence in America’s future,” Trump said.
President-elect Donald Trump’s recent support for the dockworkers of the International Longshoremen’s Association (ILA) should be viewed through the lens of dealmaking.
A super-majority of Americans, across racial and ethnic groups, think the stock market is important, according to the latest survey by YouGov for the Economist.
The latest sign that the fight against inflation is not yet won.
The Federal Reserve is about to triple down on its September rate cut mistake by reducing its benchmark for a third consecutive time next week.
Core inflation rises for the fourth straight month.
Trump’s tariffs, far from being the Grinch, may well be the unseen Santa, bringing the gift of a healthier trading system to the good little boys and girls of the world.
The outlook for business conditions in the coming months soared by 41 points, the largest monthly jump since the NFIB began collecting data in 1986, bringing the metric to its highest level in over four years.
The outlines of a Republican legislative agenda for Trump’s second term are beginning to take shape, but a key decision could send troubling signals to businesses and consumers.
The University of Michigan’s index of consumer sentiment rose in early December to its best reading since April, boosted by more positive views among Republicans and independents following the election of Donald Trump.
Economists had been expecting 215,000 after storms and strikes led to much-worse-than-expected growth in October.
Like so much economic analysis from the establishment, the Fed study on tariffs arrives with breathless findings of calamity, but it doesn’t stand up to scrutiny.
The good times are back again for America’s heartland.
A much larger drop than expected after the port strike was put on hold until next year.
The election of Donald Trump has already sparked a turnaround in sentiment among consumers and businesses, with the vibecession falling away and the rosy-fingered dawn of a new golden age spreading from sea to shining sea.
Federal Reserve officials appear poised to repeat the mistake of September and November by cutting interest rates again when the economic data clearly calls for a pause.
The stronger than expected job openings figures call into question the need for further rate cuts from the Fed and cast doubt on the wisdom of the rate cuts in September and November.
Meet the little lady who was the real founder of our great national feast day.
The acceleration of inflation since the Federal Reserve cut interest rates in September suggests that the move was a mistake.
The confidence of the Fed that inflation would move back to its two percent target even with lower rates looks misplaced.
Donald Trump has been very clear that he plans to use tariffs as a tool to pursue U.S. geopolitical interests.
Consumer confidence climbed in November, reaching its highest level in over a year, as Americans responded to an improving economy and Donald Trump’s return to the presidency. The Conference Board’s consumer confidence index rose to 111.7, up from a revised
In Scott Bessent, Donald Trump has chosen a capable lieutenant to ensure his economic policies can be revived after the inflation-ridden interregnum of the Biden administration.
President Biden may have pardoned the White House turkeys this year but American households are still serving the stiff sentence of Bidenflation.
U.S. stocks and bonds climbed Monday as investors welcomed President-elect Donald Trump’s choice for Treasury secretary.
The numbers don’t lie. Hope and confidence are back in style, and the economy is starting to feel it.
Republicans haven’t felt this optimistic about the economy since October of 2020.
Donald Trump and JD Vance saw a surge in their favorability rating among voters aged 18 to 29 following their victory on Election Day.
This is how the Biden economy is ending: not with a boom but a whimper.
The woes of Target hold a message for anyone who thinks that Walmart will raise its prices in reaction to tariffs President-elect Donald Trump is likely to raise on imports from China.
Businesses do not expect increased costs despite Trump’s promise to raise tariffs on imports.
The Republican Party has returned to its traditional stance in favor of tariffs and economic nationalism.