Inflation Us News Today

The Federal Open Market Committee (FOMC) of the US Federal Reserve at its meeting on Thursday decided to maintain the Federal funds rate at 5.25 to 5.50 per cent, for a sixth consecutive time, saying

He gap between the last Fed meeting in July and the next one is an unusually long eight weeks, giving them two full months of data to consider.

He gap between the last Fed meeting in July and the next one is an unusually long eight weeks, giving them two full months of data to consider.

Papa Johns profit plunges 30% in Q2 due to inflation-triggered price hikes. Consumers opt for budget-friendly alternatives like frozen pizzas. | World News

Home Depot cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending.

Consumer prices in the U.S. accelerated in April after months of declines, with measures of underlying inflation suggesting that rising costs could persist for months to come.

Several Federal Reserve policymakers last month considered a pause after recent bank failures and a forecast that banking sector stress would tip the economy into recession.

Several Federal Reserve policymakers last month considered a pause after recent bank failures and a forecast that banking sector stress would tip the economy into recession.

If Biden decides to break up his partnership with Harris, his popularity with Black and women voters could be seriously affected.

According to the Quinnipiac University poll, 30% of Americans are satisfied with the state of affairs in America. However, in this "post-2022 Midterm Elections poll" only 4% were "very satisfied" while 41% were "very dissatisfied".