Alicia Summers
Inflation Cools, But Market Jitters Linger Over Tariffs
Inflation cooled more than expected in March — year-over-year CPI, including food and energy, dropped to 2.4%, and core inflation hit a four-year low
Alicia Summers
Inflation Eases As Tariff Tensions Rise
Good news today as inflation eased, with February’s CPI coming in at 2.8% year-over-year, down from 3% in January.
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.
Alicia Summers
December Inflation Hits 2.9%, Driven By Rising Energy And Food Costs
Jeffrey Small, President of Arbor Financial, joins Alicia Summers to discuss the impact of these numbers on consumers, the potential for rate cuts in 2025, and alternative strategies to address inflation.
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.
airline fares
Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
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.
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.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.