Commentary The recent University of Michigan survey’s reading of one-year inflation expectations rose to 3.4 percent in July from 3.3 percent in June. The five-year outlook also increased to 3.1 percent from 3.0 percent in the previous month. There is a mainstream narrative that is spreading throughout the financial media: We must accept 3 percent…

U.S. consumer prices saw their smallest increase on a yearly basis in more than two years in June. The headline CPI reported on Wednesday showed that inflation is subsiding. The considerable slowdown in underlying inflation sparked a rally in the stock and bond markets. Some investors are convinced the U.S. central bank’s fastest monetary policy…

Commentary Numbers recently released indicate that the Consumer Price Index (CPI), the most commonly used indicator of inflationary pressures, fell to a one-year annualized rate of 4.9 percent in the United States. The Biden administration heralded this as a major triumph as Twitter shills sang the praises of the Democrats’ economic stewardship. (In Canada, the…

After soaring to record-high costs over the winter, egg prices declined at the highest rate in 36 years in March, according to Consumer Price Index data released by the U.S. Department of Labor (USDA) on April 12. Prices for eggs decreased by 11 percent for the month along with drops in prices for some meat,…

Consumer inflation seems to be cooling; annual inflation fell to its lowest rate since May 2021. What prices came down? The Fed projects a “mild recession” starting later this year in light of bank collapses. What does it mean for interest rates? Twitter chief Elon Musk talks to a BBC reporter. How’d it go, and…

Consumer inflation seems to be cooling; annual inflation fell to its lowest rate since May 2021. What prices came down? The Fed projects a “mild recession” starting later this year in light of bank collapses. What does it mean for interest rates? Twitter chief Elon Musk talks to a BBC reporter. How’d it go, and…

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…

U.S. agencies are reportedly investigating the collapse of Silicon Valley Bank—including stock sales days before the bank failed. We take a deep dive on how the bank’s fall is affecting the startup community. Meta plans another enormous round of layoffs. How many jobs did it cut this time? Inflation slowed down slightly last month after…

Commentary There have been many sighs of relief exhaled across the United States in recent days as inflation continues to slow. New data shows that Consumer Price Index (CPI) inflation has declined for the sixth month in a row, down from 9.1 percent in June 2022 to 6.5 percent in December 2022. This is all…