Tag: Inflation
The High Cost of Inflation for US Olympians: Challenges and Impact
Olympic athletes in the United States are facing financial challenges due to rising inflation. Since 2021, consumer prices in the U.S. have increased by 20%, putting a strain on the finances of many athletes...
Forecast: U.S. Debt Set to Exceed $56 Trillion in Next Decade
The Congressional Budget Office recently released projections that paint a bleak picture of the United States' fiscal future. The national debt is expected to exceed $56 trillion by 2034, driven by increasing spending and...
Trump Tariffs: White House Warns of Manufacturing Destruction and Inflation Spike
The White House is criticizing congressional Republicans for supporting former President Donald Trump's tariff plan, which they claim will harm families and worsen inflation. In a memo, White House deputy press secretary Andrew Bates...
USD remains steady near highs despite Michigan survey miss.USD holds steady despite Michigan...
The recent Michigan survey numbers came in weaker than expected, causing a bit of disappointment in the market. Despite this, the US dollar has managed to hold steady and is currently trading near its...
Maduro Is Doing a Cash-Strapped Campaign to Control Inflation | Caracas Chronicles
Maduro's Struggle to Control Inflation in VenezuelaVenezuela's economy is facing a significant challenge, with experts like Asdrúbal Oliveros, a leading economist, highlighting the dire situation. The economy has shrunk from $400 billion to around...
Fears Labour could hit millions of drivers at the pumps
Title: Potential Impact of Labour's Tax Policies on UK DriversIntroduction:
Recent reports suggest that millions of drivers in the UK could be facing increased costs at the pumps due to potential changes in tax policies...
En Turquie, le tournant de la rigueur pour lutter contre l’hyperinflation ne convainc pas
Turkey Implements Austerity Measures to Combat HyperinflationThe recent economic policies implemented by the Turkish government to combat soaring inflation rates have raised concerns among the population. In an unexpected shift from previous practices, the...
Inflation causing struggle for Utah small businesses
Challenges Faced by Utah Small Businesses Due to InflationSALT LAKE CITY – The president and CEO of the Salt Lake Chamber, Derek Miller, has highlighted the increasing impact of inflation on individuals, with Utah...
NY Fed survey on consumer expectations: 1Y inflation exp. down slightly to 3.2% from...
NY Fed Survey Reveals Changes in Consumer Inflation Expectations
The recent survey conducted by the NY Fed has shown some interesting trends in consumer inflation expectations. While the overall outlook remains stable, there have been...
Vietnam’s May CPI up 0.05% MoM, 4.44% YoY: GSO
Vietnam's May CPI Rises Slightly: What Does This Mean for Consumers?In the latest report from Vietnam's General Statistics Office (GSO), it was announced that the country's consumer price index (CPI) for May increased by...
Some Good News for Bond Traders Stuck in Fed Waiting Game
Breaking News: Treasury Department Launches Buybacks to Support Bond TradersIn a significant development for bond traders anxiously awaiting Federal Reserve rate policy decisions, the Treasury Department has announced the launch of buybacks targeting seasoned...
US house price inflation slows in March, FHFA says
US House Price Growth Slows in March, FHFA ReportsIn a recent report released by the Federal Housing Finance Agency (FHFA), it was revealed that U.S. house price growth experienced a significant slowdown in March....
Walmart and other retailers are fighting for bargain-hunting, inflation-weary customers. Here’s how
Big Retailers Compete for Bargain-Hunting Customers Amid Inflation WoesInflation continues to impact consumers and big box retailers like Walmart and Target are fighting for bargain-hunting customers in response. Even as inflation rates have declined...