High prices continue to pose a problem
Gas station signboards in Bethesda, Maryland displayed prices on August 6, 2023. Thursday’s consumer price index report is expected to show a slight easing of price increases, but not enough …
Prices
Consumer prices in China decline less than anticipated, according to reports
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China reported inflation data for July that pointed …
Interest Rate Hikes Likely to Be Discontinued, According to Philadelphia Fed President Patrick Harker
Patrick Harker at Jackson Hole, Wyoming David A. Grogan | CNBC Philadelphia Federal Reserve President Patrick Harker on Tuesday indicated that the central bank could be at the end of …
The Economy and Financial Markets are Distinct Entities
A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 2, 2022 in New York City. Spencer Platt | Getty Images This report is …
JPMorgan retreats from recession prediction despite significant risks.
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …
Backpacks, notepads, and pens experience price increases
Jamie Grill | Getty Images Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread out her shopping across multiple …
European Central Bank Presses Pause, According to Commerzbank CFO
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …
U.S. Treasury Yields Anticipate July’s Jobs Report
U.S. Treasury yields held steady on Friday as investors awaited key labor market data that will give fresh insights into the state of the economy and could affect the Federal …
From Savings to Mortgages: The Influence of Interest Rates on Your Finances
“It can be easy to think that the decisions made by central banks don’t impact the daily lives of normal people, however, the reality is they’re very much likely to,” …
The Ultimate Guide: Key Factors to Find in Friday’s July Jobs Report
Miami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up. Jeff Greenberg | Universal Images Group | Getty Images Friday’s jobs report …