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Hot Inflation Dims Prospects for Summer Rate Cuts - Vimarsana News

Hot Inflation Dims Prospects for Summer Rate Cuts

A leading measure of inflation was higher than expected in March, as the consumer price index rose by 3.5% on a year-over-year basis. The March report from the Labor Department, released Wednesday, marked the third month in a row that inflation topped exceeded expectations, fueling concerns that pricing pressure in the U.S. economy is getting sticky and could remain a problem longer than analysts had hoped. On a monthly basis, prices rose 0.4% in March, higher than expectations of a 0.3% increas

Source: yahoo.com
Inflation keeps coming in hot, likely delaying interest rate cuts - Vimarsana News

Inflation keeps coming in hot, likely delaying interest rate cuts

Inflation ticked up again in March compared with the year before — in yet another sign that the economy doesn’t need high interest rates to come down any time soon.

"Let Them Eat GDP Reports":44 Million Americans Are Food Insecure - The New Hampshire Gazette - Vimarsana News

"Let Them Eat GDP Reports":44 Million Americans Are Food Insecure - The New Hampshire Gazette

By Jessica Corbett A U.S. anti-hunger group marked April Fools’ Day on Monday with a snarky statement suggesting that hungry Americans “can eat positive…

Seattle grocery sticker shock: What to do about high prices - Vimarsana News

Seattle grocery sticker shock: What to do about high prices

Seattle grocery store sticker shock continues to play havoc on locals, but there are ways to counter high prices.

Fed declines to cut interest rates - Vimarsana News

Fed declines to cut interest rates

The Federal Reserve declined Wednesday to cut interest rates, saying it remains uncertain inflation is slowing enough, but some economists warned the financial regulators risk waiting too long to make