Fed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.
The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.
In a bold move, the state of Texas has opted to sever ties with financial behemoth BlackRock, alleging the company’s actions are detrimental to the state’s vital oil and gas industry.
Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.
The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.
What’s happening with the Laken Riley Act? It aims to prevent tragedies like the murder of Georgia nursing student Laken Riley.
Super Tuesday is only hours away. Both Republicans and Democrats will have elections in 15 states.
The consumer sentiment report is out, showing a slight decline in February from the month before.
Right now, Illegal immigration is at the forefront of voters’ minds and it’s the focus of one candidate vying for Utah’s senate seat.
Producer prices came in higher than expected today, so did the consumers prices earlier this week. Producer prices show what producers pay to make goods, which ultimately affects consumers.
Strong jobs data coincides with planned mass job cuts. Today’s January jobs report showed that 353,000 jobs were added.