Latest in Inflation Crisis
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Trump's picks grilled on climate, tariffs and inflation
The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.NBC News - 7h -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - 1d -
Inflation: still quite annoying
The direction of travel remains mostly sidewaysFinancial Times - 13h -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - 20h -
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.CNBC - 1d -
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.BBC News - 1d -
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.The New York Times - 1d -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - 1d -
Inflation report shows upsurge days before Trump takes office
Prices rose 2.9% in December compared to a year ago.ABC News - 1d -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - 1d -
ECB’s chief economist warns of too-low inflation if rates stay high
Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’Financial Times - 3d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 5d -
Why deporting undocumented workers will stoke inflation and sink Social Security
Inflation, which appears to be settling at about 2.5% annually, could jump to 4.5%.MarketWatch - 5d -
Lawmakers to address college sports NIL 'crisis'
Texas Sen. Ted Cruz said helping the NCAA regulate the booming athlete NIL market will be a "major" priority for the Senate Commerce Committee this session.ESPN - 6d -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 6d -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - 6d -
YMCA helps Virginia residents enduring water crisis
Residents in Richmond, Virginia, are still without running water after a storm knocked out power at a treatment facility. Jody Alexander, the president of the YMCA of Greater Richmond, joins CBS ...CBS News - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
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Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - Jan. 8 -
Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."CNBC - Jan. 8 -
Disaster by the Numbers: The Crisis in Sudan
The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.The New York Times - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
5 things to know about Canada's political crisis
Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal Party, which has dominated its politics for decades, ...The Hill - Jan. 6 -
Moldova blames Russia for energy crisis in breakaway region
People of Transnistria forced to chop wood to heat homes after gas transit deal via Ukraine expiresFinancial Times - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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The Pittsburgh Steelers Have an Identity Crisis
The Steelers aren’t who they think they are. They must realize it before it’s too late, a columnist for The Athletic writes.The New York Times - Jan. 6 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - Jan. 5 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2
