Whole Hog Politics: Inflation clouds hang over budget battle
ON THE MENU Dem voters want more moderation Senate GOP’s big map, big money Trump hedges on Vance Transgender readers respond ...
U.S. News & World Report3d
2025 Housing Forecast: When Will Mortgage Rates Go Down?
Mortgage rates have been expected to decline in 2025 as the U.S. economy slows, inflation cools and the Federal Reserve continues to cut interest rates. Amid President Donald Trump's second term ...
The Hill14d
There’s still a real threat that inflation makes a comeback
In June 2022, U.S. inflation rates reached 40-year highs ... inflation dynamics are based on some modern variant of the Phillips curve. The Phillips curve-based view of the inflationary process ...
Seeking Alpha14d
December Inflation Meets Expectations
or will it settle at some rate above target? Both headline and core inflation have declined over the past year. But they did not decline as fast as Fed officials expected. In December 2023 ...
Indiatimes15d
Economic Survey: On track to achieve 4% inflation target by FY26
"Estimates suggest that India's retail price inflation will align progressively with the target. Global commodity prices are expected to decline, potentially easing core and food inflation," the ...
Daily Express15d
Bank of England interest rates warning as several cuts expected
The Bank of England is expected to cut interest rates ... finance at Hargreaves Lansdown, said: "A rate cut has been on the cards ever since inflation fell in December, but it won’t be a game ...
Nasdaq15d
Phillips 66 Q4 Loss Narrower Than Expected, Revenues Top Estimates
Phillips 66 PSX reported fourth-quarter 2024 ... estimates and surprises on Zacks Earnings Calendar. The better-than-expected quarterly results can be primarily attributed to higher renewable ...
Business Insider15d
Trump may be his own worst enemy in his fight against the Fed
Data from the Cleveland Fed indicates the one-year expected inflation rate has climbed by 40 basis points since October. The market's outlook for Fed rate cuts has also dimmed. The CME FedWatch ...
deseret15d
U.S. inflation, consumer spending ticks up to end 2024
The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal Reserve voted to pause on adjusting its benchmark interest rate, the latest ...
FXStreet15d
Breaking: US core PCE inflation holds steady at 2.8% in December as expected
Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls. What is the impact of inflation on ...
Seeking Alpha15d
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% ... with personal spending surging more than expected in the holiday month. On a Y/Y basis, core ...
Yahoo Finance15d
Phillips 66 Q4 profit plunges, shares fall on weak refining margins
Phillips 66 now expects heavy maintenance at its refineries in the current quarter with utilization forecast to be in the low 80%, compared with 92% utilization a year ago. The turnaround expenses are ...