You know how sometimes prices go up, making things cost more? Well, that's called inflation. The Federal Reserve has a special way to measure this, and in November, their gauge showed a smaller increase than expected. That's good news, right? Not so fast! Economists were actually expecting a bigger
The Federal Reserve wrapped up its rate cuts for 2024 with a final adjustment at its meeting on Wednesday. Interestingly, they scaled back their expectations for rate reductions in 2025 by two, as inflation remains persistent and the economy stays robust. Just a couple of years ago, the situation w
Do you know that when Treasury yields go up, prices go down? Today, the 10-year Treasury note was barely changing, sitting around 4. 39%. Meanwhile, the 2-year Treasury note wasn't moving much either, hanging around 4. 21%. This happened right before the Federal Reserve makes its decision about inte
The Dow Jones Industrial Average has been falling for the longest stretch in over 40 years. Investors are losing hope that the Federal Reserve will quickly cut interest rates next year. The Fed is meeting this week to decide on another rate cut. But investors are unsure how aggressive the central ba
Hey there! You might be hoping for lower borrowing costs for stuff like homes and cars. But bad news! The Federal Reserve, the folks who control interest rates, is probably going to slow down how quickly they cut rates next year. They're meeting this week and are likely to reduce their benchmark rat
President-elect Donald Trump promised to lower grocery prices during his campaign for the 2024 election. He believed this would be a quick and easy task. However, in a recent interview with Time magazine, he admitted that this might be more challenging than he initially thought. Trump's plan involve
As the clock strikes midnight on January 1, 2025, the incoming Trump administration is set to shake up the economic landscape. Inflation, which has been gradually decreasing, is still a major concern. The Federal Reserve has begun cutting interest rates, but the question remains: will inflation stic
In his first network TV interview since winning the election, President-elect Donald Trump sat down with NBC News' Kristen Welker. He discussed various topics, including his plans for Dreamers, abortion medication, and the Fed Chair. Trump's measured tone didn't last long. He quickly shifted to sugg
Chipotle recently announced a 2% increase in menu prices across the country. This decision comes as a response to higher costs of key ingredients like dairy, beef, and avocados. The move aims to counter the effects of inflation, which has been especially tough on restaurants. Despite the price hike,
Federal Reserve Chair Jerome Powell will be speaking at the New York Times' DealBook conference today. This talk is happening just two weeks before the central bank announces its decision on interest rates. It’s also Powell’s last public appearance before that important meeting. Markets are expecti
