‘Might be in for soft landing after all:’ Retail sales rise more than expected in October
Retail sales increased more than expected in October as households stepped up purchases of motor vehicles and a range of other goods, ...
Tag: inflation
Wholesale inflation eases to 8% in October
Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest ...
Pace of interest rate hikes can slow soon
The Federal Reserve may soon reduce the pace of its interest rates hikes, Fed Vice Chair Lael Brainard said Monday. “I think ...
Toys getting smaller and cheaper as inflation slams shoppers
Retailers are poised to push smaller and less expensive toys this holiday season — a bid to tempt skittish shoppers ...
Fed expected to hit brakes on rate hikes next meeting after CPI dip
A larger than expected slowdown in consumer inflation last month will likely let the Federal Reserve pare its rate increases ...
Dow shoots up nearly 800 on better-than-expected inflation report
Wall Street’s main indexes opened sharply higher on Thursday as data showed consumer prices increased less than expected in October, ...
Fed should be wary of ‘dovish pivot,’ Larry Summers warns
The Federal Reserve should maintain its hawkish stance at its meeting this week despite mounting calls for a pivot toward ...
Key inflation gauge eyed by Fed stays high as prices rise
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign ...
Amazon shares tumble on profit drop, weak sales forecast
Amazon projected current-quarter sales below Wall Street estimates on Thursday as decades-high inflation and intense competition from rivals such as Walmart weigh ...
MSNBC’s Ali Velshi claims ‘great inflation myth’ is GOP tactic to slam Biden
MSNBC anchor Ali Velshi argued that Republicans have created a “great inflation myth” to falsely paint President Biden and other ...
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