The Chicago Fed chief, Austan Goolsbee, told a Washington conference that cutting interest rates now would be premature because inflation still lingers above the 2 % goal. He warned that past mistakes of assuming price rises were temporary should not be repeated. Goolsbee highlighted the latest d
The state has seen a sharp rise in company bankruptcies, climbing 25 % last year to the highest level since 2013. Nationwide, many people and firms are filing for bankruptcy, but Oregon’s rate is almost four times faster than the national average. High interest rates and inflation are squeezin
The price of beef has jumped faster than most other grocery items, climbing 15 % over the past year. Ground beef is hitting record highs, while chicken and milk prices stay flat or barely rise. Farmers blame a shrinking cattle population. The U. S. herd is the smallest it has been since the 1950s,
The U. S. stock market showed some resilience on Friday, shaking off recent losses tied to AI fears. This comeback was sparked by some good news on inflation, which gave investors a reason to breathe easier. The S&P 500 climbed by 0. 3%, recovering from a rough day where it took a big hit. The Dow
The stock market in India is expected to open lower this Friday, following a decline on Wall Street and across Asia. Tech stocks, which are a big part of the Indian index, have already lost more than twelve percent this year. Investors are worried that the upcoming U. S. inflation report could
The quiet rush of money printing has begun to feel like a storm. Central banks are creating new dollars at a speed that many people think is only temporary, but the truth could be more serious. When governments print money, they take value from every person who holds cash or savings. This is not a n
Trump has been busy talking about the economy, especially inflation. In five speeches since December, he said inflation was beaten or falling more than 20 times, but most people still see higher prices. He spent a lot of time on other topics – immigration, critics from the opposite party, and
Inflation has been a hot topic lately. Some folks are really worried about it getting out of hand. But not everyone agrees. Neil Dutta, an economist, thinks these worries might be overblown. He believes the economy is more stable than some people think. Dutta points out that inflation is not just a
Silver prices have been skyrocketing, going from $45 to over $85 per ounce in a short time. But why? It's not just about people wanting more silver. The futures market, especially on the Chicago Mercantile Exchange (CME), is a big part of the story. The economy is doing well. People are spending mo
The Bank of Canada decided to keep interest rates steady at 2. 25% in late January 2026. This decision was widely expected, given the current economic climate. The bank's outlook for both the global and Canadian economies hasn't changed much since their last forecast in October. Inflation is expect
