Inflation
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finance5 Reasons the Stock Market Is Headed for a Pullback - But Don't Sell Yet
Veteran advisor sees a 5-10% drop ahead due to inflation, high valuations, and Fed policy. But strong earnings suggest a temporary dip, not a crash.
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financeKansas City Fed President: Inflation Remains 'Most Pressing Risk'
Kansas City Fed President Jeff Schmid warns inflation is the economy's biggest threat, signaling continued hawkish monetary policy.
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financeIceland Considers Ditching the Króna for the Euro
A new report from Iceland's Finance Ministry suggests the króna's costs outweigh its benefits, hinting at a possible shift to the euro.
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financeTrump's Economic Script Rewritten: Warsh Takes the Fed's Helm
President Trump shifts stance on dollar and interest rates as newly confirmed Fed Chair Kevin Warsh signals a potential hold on rate cuts.
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financeSt. Louis Fed President Warns Against Relying on AI Boom to Tame Inflation
Alberto Musalem cautions policymakers not to count on speculative AI productivity gains as a reason to ease monetary policy, with inflation still above target.
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financePrice Hikes Drive 60% of Shoppers to Abandon Beloved Brands
A new DOSS study reveals that 60% of Americans have dropped a brand due to price increases, with inflation hitting groceries and gas the hardest.
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financeGold Tumbles 1.5% to $4,392 as Strong US Data Clouds Rate Cut Hopes
Spot gold hits two-month low, down 20% from January highs, after resilient US economic data strengthens dollar and dims rate cut expectations.
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financeUS Inflation Hits 3.8% in April, Wiping Out Rate Cut Hopes
Consumer prices rose 3.8% year-over-year in April, the highest since May 2023. Core CPI also increased, dashing Fed rate cut expectations and raising the odds of a hike.