Page 3 - Tom Fairless News Today

PCE Inflation Data Out Today; Leading Economic Index Still Points to Recession By Michael Maloney Good day. The last key inflation reading of the year will be released today, and economists...

We don’t need to embrace small government to deal with debt.

“The Era of Big Taxes Is Upon Us” announced a Wall Street Journal headline earlier this week. You could have fooled me. In 1980, according to the nonprofit Tax Policy Center, the average total tax burden in the United States was 22.4 percent of household income. That was President Jimmy Carter’s last year in office. By 1988, President Ronald Reagan’s last year in office, that had fallen to 21.9 percent. By 2019, the last year for which the Tax Policy Center has any da...

The European Central Bank may well start to look at cutting interest rates as inflation slows convincingly and its focus turns to avoiding a recession, according to Michael Field, European market...

Time for Fed to Start Thinking About Rate Cuts, Daly Says; Hope for Rate Cuts Fuels Market Momentum; BOJ Sticks to Negative Rates for Now By James Christie Good day. Federal Reserve Bank of San...

Easing Rents in U.S. to Help Cool Inflation; Fed Officials Split on When Rate Cuts Might Start By James Christie Good day. The major obstacle standing in the way of bringing inflation down...

Basis Points Mortgage rates in the U.S. fell below 7% for the first time since August, as the economy shows signs of cooling following the Federal Reserve signaling a turn to interest rate cuts.... -December 15, 2023 at 07:17 am EST - MarketScreener

Basis Points The U.S. producer-price index was unchanged in November and posted a year-over-year increase of 0.9%, the Labor Department said. Core producer prices in November were also unchanged...

By Tom Fairless The European Central Bank and the Bank of England held interest rates steady as the rich worlds central banks begin to reposition themselves for a world in which inflation is...

By Tom Fairless The European Central Bank and the Bank of England held interest rates steady as the rich world's central banks begin to reposition themselves...