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Fed Officials Were Split Over June Rate Pause, Minutes Show
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Kashkari, Neel T Labor and Jobs National Debt (US) Prices (Fares, Fees and Rates) Signature Bank Silicon Valley Bank United States Economy

Fed Officials Were Split Over June Rate Pause, Minutes Show

In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.
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Posted by By Madeleine Ngo
U.K. Inflation Slowed in April, but Remains Stubbornly High
Posted inBank of England Economic Conditions and Trends Food Great Britain Inflation (Economics) Office for National Statistics (United Kingdom)

U.K. Inflation Slowed in April, but Remains Stubbornly High

Consumer prices rose 8.7% from a year earlier, the slowest pace since March 2022.
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Posted by By Eshe Nelson
More Americans Say Finances Are Tighter Because of Inflation
Posted inBudgets and Budgeting Federal Reserve System Income Inflation (Economics) Labor and Jobs Polls and Public Opinion Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

More Americans Say Finances Are Tighter Because of Inflation

A new Federal Reserve survey finds that the strong job market hasn’t been enough to offset the rising cost of living for many families.
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Posted by By Ben Casselman
Inflation Persists and Car Prices Are a Big Reason
Posted inConsumer Behavior Inflation (Economics) Prices (Fares, Fees and Rates) Supply Chain United States Economy Used Cars

Inflation Persists and Car Prices Are a Big Reason

Prices of new and used vehicles were supposed to recede quickly as supply chain problems dissipated. The market had other ideas.
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Posted by By Lydia DePillis and Jeanna Smialek

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