Latest in Gouging Driving Inflation
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America’s fight with inflation has been won – just in time for a bigger battle
The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election. There could be recriminations, protest marches and even social unrest on US city ...World - The Guardian - November 3 -
As the election winds down, worries of 'bond vigilantes' and inflation hit markets
Investors are preparing for a conflicting scenario in the event that Donald Trump prevails in the presidential race.Business - CNBC - November 5 -
High inflation — the killer of governments — doomed Harris and put Trump back in power
High inflation is often a destroyer of political parties in power, and it claimed another victim in Vice President Kamala Harris.Business - MarketWatch - November 6 -
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.Business - The New York Times - November 6 -
Druckenmiller: I’m worried the Fed declared victory on inflation too early
Legendary investor Stanley Druckenmiller fears a re-run of the 1970s inflationary experience.Business - MarketWatch - November 7 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.Business - Inc. - November 7 -
Why inflation helped tip the election toward Trump, according to experts
Inflation has helped fuel a global backlash toward incumbents, experts say.Top stories - ABC News - 6 days ago -
Trump Won on Inflation. Where Does It Go From Here?
Ironically, if Trump does nothing, he could get credit for lower inflation.Business - Inc. - 5 days ago -
Are you worried about inflation? Then fear Trump, not Rachel Reeves | William Keegan
The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions. Having been fairly critical of my (almost) friend Rachel ...World - The Guardian - 4 days ago