CPI report reveals inflation falls again, further from 40-year high
Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates.
Source: visaliatimesdelta.com
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CPI report reveals inflation falls again, further from 40-year high
Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates.
Source: greatfallstribune.com
US Reaction: Signs Of Labor Market Loosening Add To Expectations Of 50bps In September
On balance, the report suggests an easing in the labor market more consistent with the weakening in economic activity.
Source: valuewalk.com
The housing market is 'imploding' - is a 2008-style bubble coming?
With the slowdown in the US housing market seen in 2022, investors may be wondering whether a crash like the 2008 housing crash is coming.
Source: finbold.com
Trade Deficit Shrinks as Exports Hit Record High
The U.S. trade deficit narrowed sharply in June to its lowest level in six months as exports hit a record high, a trend that could see exports adding to gross domestic product in the third quarter after the economy contracted for two consecutive quarters this year, meeting the rule-of-thumb definition for a recession.
Source: theepochtimes.com