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Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover
Posted inBiden, Joseph R Jr Consumer Behavior Income Inflation (Economics) Interest Rates Labor and Jobs Pennsylvania Presidential Election of 2024 Prices (Fares, Fees and Rates) United States Economy

Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover

Frustrated by higher prices, many Pennsylvanians with fresh pay raises and solid finances report a sense of insecurity lingering from the pandemic.
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Posted by By Talmon Joseph Smith
3 Facts That Help Explain a Confusing Economic Moment
Posted inConsumer Price Index Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy

3 Facts That Help Explain a Confusing Economic Moment

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.
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Posted by By Ben Casselman
Stocks Suffer Sharpest Weekly Decline of 2024
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stocks Suffer Sharpest Weekly Decline of 2024

Investors had been put on edge by a stronger-than-expected inflation report earlier in the week. Rising tension in the Middle East heading into the weekend gave them another reason to retreat.
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Posted by By Joe Rennison
Bank of England to Overhaul Its Forecasting After Inflation Surprises
Posted inBank of England Bernanke, Ben S Economic Conditions and Trends Government Bonds Inflation (Economics) Interest Rates Recession and Depression Stocks and Bonds

Bank of England to Overhaul Its Forecasting After Inflation Surprises

The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
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Posted by By Eshe Nelson

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