The Latest Breaking News from Inflation

Scientists Share About The Possibility Of Existence Of Other Universes, People Are Intrigued

Vera C. Rubin Observatory, with the largest camera ever built, might finally find evidence of the multiverse, which seemed like some kind of science fiction for decades. The post Scientists Share About The Possibility Of Existence Of Other Universes, People Are Intrigued first appeared on Bored Panda.

Bored Panda · Jul 3, 2024

Wave of summer travel expected over July Fourth holiday as hot inflation loosens grip

Travel activity is expected to heat up to record levels around the Independence Day holiday as consumers take advantage of cooler prices for airfares, gasoline and hotels

The Independent UK · Jul 3, 2024

The ECB's chief is tired of people blaming Taylor Swift for the Eurozone’s sticky inflation

“It’s not just Taylor Swift, you know,” Christine Lagarde told the ECB Forum. “Others have come as well.”

Fortune · Jul 3, 2024

Low inflation targeting is such a dubious idea. Why did the Reserve Bank adopt it in the first place?

As we struggle with higher interest rates and unemployment, this is the price we have to pay to restore the ‘credibility’ of the RBA

The Guardian - AU · Jul 2, 2024

Federal Reserve Chair Powell Stresses Need For Inflation Progress

Federal Reserve Chair Powell discusses progress in combating inflation and cautious approach to interest rate cuts.

Top News · Jul 2, 2024

Stocks Post Moderate Gains as Powell Says Inflation is Receding

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stock indexes Tuesday finished moderately higher. Stocks found support Tuesday from lower bond yields...

Barchart · Jul 2, 2024

Stock Market Today: Stocks Rise as Powell Praises Inflation Progress

Tesla was the best S&P 500 stock Tuesday after the EV maker disclosed its second-quarter deliveries report.

Kiplinger · Jul 2, 2024

Dollar Dips on Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) Tuesday fell by -0.17%. The dollar on Tuesday moved lower, pressured by a decline in T-note yields. The dollar extended its losses Tuesday based on dovish comments from Fed Chair Powell, who said prices now show signs of resuming their disinflation trend. Losses in the...

Barchart · Jul 2, 2024

JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end

JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.

International Business Times UK · Jul 2, 2024

US Fed Has Made 'Quite A Bit Of Progress' On Inflation: Powell

The US Federal Reserve has made "quite a bit of progress" in its fight against rising prices and could hit its inflation target as soon as next year, Fed chair Jerome Powell said Tuesday.

International Business Times · Jul 2, 2024