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S&P 500 gains mask real value declines; USD weakens amid aggressive tariffs and debt concerns. Click here for more ...
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...
Core inflation, excluding energy and food prices, rose 4.5 percent from June 2020, the biggest jump since November 1991. Numerous categories of goods showed robust price hikes.
As inflation continues to run rampant through the US economy, consumers are griping that many of their old standbys are no longer worth it — among them Netflix, ...
The rampant inflation that has contributed to mortgage rates of 7% has been largely tamed, but the affordable housing crisis continues to weigh on household budgets.. The U.S. Bureau of Labor ...
The debate over inflation is intensifying as Biden pushes to spend trillions on infrastructure. It's largely an intra-party spat as moderates say stimulus risks rampant inflation, while many ...
In mid-July, Minority Leader Rep. Kevin McCarthy tweeted, “Inflation is running rampant due in part to out-of-control spending from President Biden and Speaker Pelosi.” ...
In exchange, it agreed to stop propping up its currency and to carry out a 30% devaluation. That condition has been partly blamed for rampant inflation which stood at 14.4% in April.