Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing ...
Higher tariffs could backfire on the US economy itself, the largest in the ... oil,” Sheets at Citi told CNN. It could spread, he said, but “the major countries in the Middle East don ...
Lower-income Americans still struggling after years of high inflation and elevated interest rates could face a new battle if ...
But Powell is no stranger to uncertainty. “If I were to describe Chair Powell in one word, it would be ‘nimble’,” Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, told CNN ...