Philadelphia Federal Reserve President Patrick Harker said on Monday that he believes it is time for the Fed to stop raising rates.
Author: John Carney
Consumers Prepare For a Bidenflation Haunted Halloween
“More Americans than ever will be reaching into their wallets and spending a record amount of money to celebrate Halloween this year,” NRF President and CEO Matthew Shay said.
Breitbart Business Digest: Bond Market Complacency May Get Run Over by Rate Hike Train
With so many measures suggesting that disinflation has already nearly run its course, that makes rate hikes next year far more likely than the less-than-zero chance bonds markets currently reflect.
Consumer Sentiment Plunges as Inflation Fears Mount and Expected Business Conditions Crash
A significant gloom enveloped American households in October as expectations for business conditions plunged and consumers increasingly worried that inflation is hurting their personal finances.
Breitbart Business Digest: The Fed’s Fight Against Inflation Has Stalled
The Federal Reserve’s fight against inflation has faltered.
Inflation Still Too Hot: Consumer Prices Rise Faster Than Expected
Economists had forecast a rise of 3.6 percent, down from 3.7 percent in August.
Breitbart Business Digest: Will the Bond Market Preempt the Fed’s Next Hike?
The market believed that the Fed might not need to hike again because yields were already doing the work of another hike. And that’s when the bond market started laughing.
Bidenflation Rises: Producer Prices Rising Faster Than Expected
Inflation is proving stickier than expected and core price increases are accelerating.
Breitbart Business Digest: Actually, the September Jobs Number Was Really Strong
While there’s been a lot of chatter over the past few days about the September jobs figures being weaker than they looked, the numbers do not really support the negative interpretation.
Breitbart Business Digest: Fallout from Hamas Attack Will Fuel Inflation
War is expensive and inflationary.