PCE Inflation, the Fed’s Preferred Measure, Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Posted inBank of England Bank of Japan Federal Reserve System Furman, Jason Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Presidential Election of 2024 Shutdowns (Institutional) Stocks and Bonds Tax Cuts and Jobs Act (2017) Trump, Donald J United States Economy United States Politics and Government
Washington and the Markets are Feeling the President-elect Effect
The President-elect takes office in a month, but his influence on policy is already being felt by investors and across Washington.
Posted inBanking and Financial Institutions Economic Conditions and Trends Great Britain Inflation (Economics) Labor and Jobs Labour Party (Great Britain)
Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
Stubborn inflation, tax rises and high interest rates makes it difficult for many to muster optimism, at least in the short term.
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) Trump, Donald J United States Economy
Where Does a ‘Remarkable’ U.S. Economy Go From Here?
America’s economy is far outstripping its peers, but there are serious risks, including from the president-elect.