agriculture
U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down.
American diner
Waffle House Places Surcharge On Egg Items To ‘Combat National Shortage’
Waffle House, a restaurant chain with over 2000 locations in 25 U.S. states, recently announced that the chain will be adding a $0.50 surcharge to all egg items at its locations — due to the drastic increase in egg prices caused by the ongoing bird flu, which is affecting supply chains.
Business
U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.
Alicia Summers
October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady
The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.
Business
Fed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
airline fares
Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Atlanta Federal Reserve
Fed rate-cut size this month to hinge on job market health
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month.
Bank of America
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
10-year Treasury yield
Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
Biden Administration
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.