Category: Inflation (Economics)

U.S. Inflation Problems Are Far From Over

The New York Times – Business:
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs.
Why the Fed Could Loom Large Over the Midterms

The New York Times – Business:
Wall Street increasingly predicts the central bank will raise interest rates, possibly ahead of Election Day in November. That could anger President Trump.
The Iran War’s Persistent Threat to Farmers in Poor Countries

The New York Times – Business:
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
In Alan Greenspan, Kevin Warsh Saw a Fed Chairman Role Model

The New York Times – Business:
Kevin M. Warsh has long singled out Alan Greenspan, who died on Monday, as the central banker he wants to exemplify.
Egg Prices Are Way Down, but That’s Hurting Farmers

The New York Times – Business:
An oversupply of hens has lowered wholesale egg prices. But consumers may not reap the full benefits because of producer contracts and higher costs.
Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began

The New York Times – Business:
The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending.
Retailers Say Squeezed Shoppers Are Focused on Deals

The New York Times – Business:
Walmart, Target and TJ Maxx reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a potentially worrying sign for the U.S. economy.
Walmart, Target and TJ Maxx Attract Shoppers Squeezed by Energy Prices

The New York Times – Business:
The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods.
British Politics Is Obsessing Over the Bond Market. Here’s Why.

The New York Times – Business:
Britain is facing another round of turmoil in government leadership, jolting debt investors who were already on high alert over inflation.
Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting

The New York Times – Business:
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook.
Is the Bond Market Signaling Danger? Or Opportunity?

The New York Times – Business:
Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
Worried About War’s Impact, Bond Investors Push Rates to Highest Level Since 2007

The New York Times – Business:
The 30-year U.S. Treasury yield hasn’t been this high since the lead up to the global financial crisis. Across Europe and Asia, yields are also elevated.