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Tag: inflation

Mortgage rate at 6.71 percent and what it costs versus the sub-6 levels of February

The average 30-year fixed mortgage rate rose to its highest level in…

Shekari Philemon

PMI August data and the economic signal that beats expectations

U.S. business activity accelerated in August at its fastest pace in more…

Shekari Philemon

Inflation at 3.4 percent in July still above the Fed target but heading right

U.S. inflation eased slightly in July, with the annual rate slipping to…

Shekari Philemon

Consumer sentiment surprise in July hints at economic resilience

American consumer sentiment improved more than expected in July, with the University…

Shekari Philemon

Trump stumbles on affordability with a remark that alarms his own party

A candid remark from President Donald Trump dismissing concerns about Americans' financial…

Shekari Philemon

Trump dismisses economic concerns as motivating factor in Iran nuclear talks

President Donald Trump said Tuesday that the financial situation facing American households…

Shekari Philemon

Trump doubles down on his economic vision amid war-driven inflation fears

President Donald Trump took his economic defense on the road Thursday, appearing…

Shekari Philemon

Bank of America rips up its economic forecasts and braces for $100 oil all year on Iran war fallout

Bank of America has significantly revised its economic outlook, warning that the…

Shekari Philemon

Bond markets are doing what the Fed is too cautious to do right now

The Federal Reserve finds itself in an unusually uncomfortable position. With oil…

Shekari Philemon

Europe’s economy is starting to crack under the weight of Trump’s Iran war

Europe had been moving in a hopeful direction. After years of economic…

Shekari Philemon