Latest in Inflation Moving Wrong
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The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction
Inflation just hit a five-month high in November and asset prices are smashing records.Inc. - 9h -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 17h -
People Are Putting Beef on Their Faces. What Could Go Wrong?
Natural, tallow-based cosmetics can be made at home or bought from artisans. Doctors aren’t thrilled, but they’re all the rage on TikTok.The New York Times - 1d -
Stocks plunge following Fed inflation projections
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.NBC News - 3h -
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 - 13h -
What I got wrong in 2024
Rishi Sunak’s decision to call election earlier than needed highlights that candidates and personal traits matterFinancial Times - 15h -
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 - 17h -
Trump is attacking the wrong deficit if he hopes to right the economy
The federal budget deficit is a more dangerous threat to Americans’ wealth than the trade deficit.MarketWatch - 1d -
'Right decision, wrong process' - lack of DRS mars women's Test
The lack of a decision review system has a big impact on the women's Test match between England and South Africa.BBC News - 1d -
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VAR Review: Why Robertson's red card was wrong; Højlund penalty claim
Video Assistant Referee causes controversy every week, but how are decisions made, and are they correct?ESPN - 2d -
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 -
Christie: Mayorkas remarks about drone sightings ‘just wrong’
Former New Jersey Gov. Chris Christie said Department of Homeland Security Secretary Alejandro Mayorkas is “just wrong” about the ongoing drone sightings in the Garden State. Both Christie and ...The Hill - 2d -
Christopher Wray’s big mistake: Why it was wrong for the FBI head to step down
Wray should have stayed and tried to uphold the rule of law for as long as he could. That is exactly what he is asking his subordinates at the FBI to do.The Hill - 2d -
Commentary: What Netflix's 'Maria' gets so wrong about Maria Callas
There is 'Maria' and there is Maria Callas. Our classical music critic on how the Netflix movie compares with the Maria Callas he encountered and from whom he learned the meaning of Italian opera.Los Angeles Times - 4d -
Town market set to be moved permanently
The market relocated temporarily in 2022 but there are now plans to make the move long-term.Yahoo Sports - 4d -
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 -
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 -
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 -
One inflation measure shows prices heading the wrong way
There are many ways to slice an inflation report in attempt to divine the true underlying pattern of inflation.MarketWatch - 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 -
Economists have 'really had it wrong' about recession, market strategist says
David Zervos of Jefferies and Barbara Doran, CEO of BD8 Capital Partners, weigh in on the likelihood of more Fed rate cuts to come at CNBC's FA Summit.CNBC - Dec. 10 -
5 Things Entrepreneurs Get Wrong About Social Media
Jasmine Star, founder of Social Curator, shares the most common mistakes founders should avoid making online.Inc. - Dec. 10 -
Eagles' Graham: 'Had it all wrong' on Hurts, Brown
Eagles veteran defensive end Brandon Graham told ESPN he took his comments about teammates Jalen Hurts and A.J. Brown too far during a radio appearance Monday night.ESPN - Dec. 10 -
These US cities will pay you to move there
These five places will pay you thousands of dollars to move there.The Hill - Dec. 10 -
Argentina: has Javier Milei proved his critics wrong?
In his first year, the libertarian president has stabilised a turbulent economy, while retaining the support of half the population. But big challenges loomFinancial Times - Dec. 10 -
Eagles' Brandon Graham apologizes for comments on Jalen Hurts-A.J. Brown relationship: 'I had it all wrong'
Graham backtracked on what he said earlier MondayCBS Sports - Dec. 10 -
'She lied to me about Kyran or police have it wrong'
A recording raising key questions in the case of Kyran Durnin, who is presumed dead, is being broadcast by BBC Spotlight.BBC News - Dec. 10 -
SMU coach Rhett Lashlee says excluding Mustangs from CFP would be 'wrong to what college football stands for'
SMU's fate is uncertain following a 34-31 loss to Clemson in the ACC Championship GameCBS Sports - Dec. 8 -
What Republicans and Democrats Get Wrong About Crime
An evidence-based approach to criminal justice would tell us that policing works and long prison sentences do not.The New York Times - Dec. 8 -
A Wrong Turn in Mississippi
The winding road of tracking down a family tree.The New York Times - Dec. 7 -
Ja Morant got ejected after reacting to foul call referees later admit was wrong
Grizzlies coach Tyler Jenkins was incensed but Memphis held on to win the game.Yahoo Sports - Dec. 6 -
Where House progressives' new leader thinks Democrats went wrong: From the Politics Desk
In an interview, Texas Rep. Greg Casar, the new chair of the Congressional Progressive Caucus, details where Democrats went wrong in the 2024 election.NBC News - Dec. 5 -
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 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
Plaschke: Baseball fans can whine, but there's nothing wrong with the way the Dodgers are winning
Some MLB teams and their fans are complaining the Dodgers are spending too much on star free agents, but other teams should be doing the same thing.Yahoo Sports - 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 -
'Wrong,' 'unwise': Senate Democrats rebuke Biden over Hunter pardon
Multiple Senate Democrats have rebuked President Biden's decision to pardon his son Hunter Biden, calling it improper and saying it risks further eroding trust in government. “President Biden’s ...The Hill - Dec. 2