inflation

The Fed is running tabletop exercises for how it will deal with climate change.

‘I’m not ruling out potential interest-rate increases from here,’ Minneapolis Federal Reserve President Neel Kashkari said.

‘High inflation means high prices, high interest rates, high mortgage rates, and death for the American Dream,’ President Trump said.

Eating out less often, taking from 401(k)s, buying medication overseas, choosing cheaper products—Americans say they are feeling the pain of inflation.

Strong population growth and people re-entering the workforce was adding to labour supply and keeping wages grow at a pace consistent with taming inflation.

Corporate America warns ’the consumer is under pressure.’

The June rise will be the second-largest hike to HECS debt in more than a decade.

‘Further performance deterioration could be on the horizon,’ a Fed report warns.

‘There seems to be a large number of persistent inflationary pressures, which may likely continue,’ Mr. Dimon wrote.

Chinese central bank’s intervention in the state bonds would lead to hyperinflation