Page 39 - Jeffrey Roach News Today

Johns Hopkins University economics professor Steve Hanke told CNBC Thursday that, with the money supply contracting, the inflation era is over.

U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, further evidence that the economy had entered a period of disinflation even as the labor market remains tight.

Inflation eased markedly last month, but that won't keep the Fed from raising interest rates, pros say. Headline inflation cooled sharply last month to beat economists' forecast as prices rose on an annual basis at the slowest pace in more than two years, the June Consumer Price Index (CPI) revealed Wednesday.Core inflation, which excludes volatile food and energy costs and is considered to be a better predictor of future prices, remained higher than policymakers would like, but it too...

Inflation eased substantially last month, but that wont keep the Fed from raising interest rates, pros say.

Australian shares are set to open up. Energy stocks paced gains in New York on bets global supply will ease. Lowe speech, RBNZ decision, US CPI on agenda.

Economists have forecast that employers created 225,000 jobs last month. A bigger-than-expected number could complicate the Federal Reserve’s efforts to tame inflation.

A mixed jobs report won't keep the Fed from raising interest rates later this month, the pros say. The June jobs report showed the slowest pace of hiring since the early innings of the pandemic, but rising wages and an ultra-low unemployment rate should keep the Federal Reserve on track to raise interest rates at the next Fed meeting, experts say.Nonfarm payrolls expanded by 209,000 last month, the Bureau of Labor Statistics said Friday, missing economists' forecast for the creation of...