Tag: U.S.

Hot U.S. Inflation Could Stir Once-Sleepy Household Expectations

(Bloomberg) — U.S. inflation is back in the news after being dormant for years, potentially affecting how Americans think about price pressures after not thinking about them much at all.The Federal Reserve says expectations that inflation will stay near its 2% target will help to ensure the current surge in consumer prices, which jumped 5% in May, will be temporary. Chair Jerome Powell can expect questions on this at his post-meeting press conference Wednesday.To explore that assumption and fin
— Read on ca.finance.yahoo.com/news/hot-u-inflation-could-stir-120000499.html

U.S. economic growth could surpass China this year, and Democrats may be better off spending stimulus money on something else, Fed’s Bullard says – MarketWatch

While President Joe Biden and Congressional Democrats insist the economy needs another $1.9 trillion stimulus package, St. Louis Fed President James Bullard…
— Read on www.marketwatch.com/story/u-s-economic-growth-could-surpass-china-this-year-and-democrats-may-be-better-off-spending-stimulus-money-on-something-else-feds-bullard-says-11612384730

Markets Tell the Fed It’s Finally Getting an Edge on Inflation

(Bloomberg) — The $20 trillion U.S. Treasury market is giving the Federal Reserve a thumbs-up for its efforts to revive inflation after the coronavirus pandemic threatened to inflict a damaging bout of deflation on the U.S. economy.The best measure of that is inflation-adjusted interest rates on 10-
— Read on ca.finance.yahoo.com/news/markets-tell-fed-finally-getting-090000751.html