Latest in Fight Inflation Still
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Fed cuts interest rates amid questions over its fight to lower inflation
Central bank lowers the benchmark federal funds rate by a quarter of a percentage point . The US Federal Reserve cut interest rates on Wednesday amid questions over its fight to bring down ...The Guardian - 1h -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 12h -
The Fed was more lucky than right in the fight against inflation — and still getting it wrong, these researchers say.
How successful was the Fed in fighting inflation in the first place? As little as 20% of the fall in inflation was due to the central bank’s rate hikes, researchers say.MarketWatch - 8h -
UK inflation rises to 2.6% in November, in line with expectations
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.CNBC - 12h -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 2d -
The fight to preserve the world's glaciers
Glaciers around the world are melting due to climate change. In response, the United Nations has declared 2025 the year of glacier preservation. In the Canadian Rockies, glaciers power a uniquely ...CBS News - 4d -
Treasury yields end at 2- to 3-week highs as Fed struggles with last mile of inflation fight
Yields on U.S. government debt finished higher for a fifth straight session on Friday, as traders grappled with data this week that showed the Federal Reserve is struggling with the final stretch ...MarketWatch - 4d -
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.The New York Times - 5d -
CNBC Daily Open: Inflation’s still high — but so is the stock market
It’s important to keep stocks’ performance this year in mind even as investors wonder what it’ll take to get inflation numbers lower.CNBC - 5d -
Raskin: Democrats in 'fight of our lives'
Rep. Jamie Raskin (D-Md.) said late Wednesday that Democrats are in “the fight of our lives” following President-elect Trump's victory in the 2024 election. “We're not gonna change our values,” ...The Hill - 6d -
Consumers feeling inflation pinch this holiday shopping season
The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...CBS News - 6d -
Why are prices still stubbornly high?
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in ...CBS News - 6d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Dec. 11 -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - Dec. 11 -
Where Was 'The Code' In The Frederic-Gustafsson Fight?
Tough guys are supposed to live by 'The Code,' whatever the heck that is. So Ken Campbell asks why Trent Frederic fought with a non-fighter he outweighed by 24 pounds.Yahoo Sports - Dec. 11 -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - Dec. 11 -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - Dec. 11 -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - Dec. 11 -
‘Super user’ controversy spurs new rules on key U.S. inflation report
So-called Wall Street super users will no longer get inside information on how the government calculates its inflation estimates or other sensitive economic data.MarketWatch - Dec. 11 -
Suspect in C.E.O. Killing Fights Extradition
Also, a wildfire roared into Malibu. Here’s the latest at the end of Tuesday.The New York Times - Dec. 10 -
Treasury yields finish higher for second day, ahead of CPI inflation data
Yields on U.S. government debt ended at their highest levels in at least a week on Tuesday as investors awaited November’s consumer-price index ahead of the Federal Reserve’s final monetary-policy ...MarketWatch - Dec. 10 -
What to Know About the Countries Still Fighting in Syria After al-Assad’s Ouster
Bashar al-Assad is gone, and Russia and Iran have stepped back. But Israel, Turkey and the United States are carrying out airstrikes.The New York Times - Dec. 10 -
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Major water company uses accounting trick to inflate balance sheet by £1.68bn
A substantial Severn Trent Water investment is based on IOU notes - BBC Panorama finds.BBC News - Dec. 9 -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - Dec. 9 -
Fans Bring Inflatable Palm Trees to Games After Executive’s Comments on Buffalo
The Sabres’ general manager said the team had trouble attracting free agents because of its location: “We don’t have palm trees. We have high taxes.”The New York Times - Dec. 8 -
Trump on Syria conflict: ‘This is not our fight’
President-elect Trump heavily criticized Syrian rebels for their move to overtake the city of Damascus on Saturday, but emphasized that this was not America’s fight. “Russia, because they are so ...The Hill - Dec. 7 -
Trump’s tariffs didn’t spark inflation last time? Here’s the trouble with that defense.
When allies of President-elect Donald Trump address one big criticism of his tariff plans — that the levies would boost inflation at time when Americans are already frustrated with elevated prices ...MarketWatch - Dec. 7 -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.CNBC - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
Despite 2024’s ‘greenlash’, the fight against climate breakdown can still be won. Here’s how | Björn Bremer, Jane Gingrich and Hanna Schwander
The overwhelming majority of Europeans support climate action, but they must be compensated for its costs in tangible ways. This year was not an easy time to be Green. Green parties took a beating ...The Guardian - Dec. 6 -
Ranking the best five fights this weekend
Nick Parkinson ranks the best fights happening this weekend and shares his thoughts on each must-see matchup.ESPN - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
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The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2
