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Tag: inflation

Diesel export ban backed by Trump at the UN

President Donald Trump publicly endorsed a temporary ban on diesel exports from…

Shekari Philemon

Federal Reserve raises rates to 3.75-4 percent in first hike since July 2023

The Federal Reserve raised its benchmark rate by a quarter point on…

Shekari Philemon

Federal Reserve opens Sept. 15 meeting with quarter-point hike fully priced in

The Federal Reserve opened its two-day policy meeting on Sept. 15 as…

Shekari Philemon

Treasury yield peak and the market rejection of government price engineering

The 10-year Treasury yield reached 4.982 percent on Thursday, its highest level…

Shekari Philemon

Inflation unchanged at 3.4 percent and the Federal Reserve and the rate question

The U.S. annual inflation rate held steady at 3.4 percent in August…

Shekari Philemon

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