rise in price level in an economy over time
Fed Speeches: Latest on Remarks From Harker, Barkin, Kashkari, Others: Federal Reserve Bank of Cleveland President Loretta Mester suggested the central bank ...
bloomberg.com/news/articles/2024-04-04/fed-latest-philadelphia-s-harker-says-inflation-still-too-high
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A million simulations, one verdict for US economy: Debt danger ahead: Britain’s experience in fall 2022 provides a glimpse into the abyss.
bostonherald.com/2024/04/02/a-million-simulations-one-verdict-for-us-economy-debt-danger-ahead/
Major brands deny 'shrinkflation' as Heinz says reducing the number of beans in a tin doesn't count
news.sky.com/story/major-brands-deny-shrinkflation-as-heinz-says-reducing-the-number-of-beans-in-a-tin-doesnt-count-13098190
Why the 2024 Election Might Turn on Pennsylvania’s Economy: Kevin T. Dugan speaks with Moody’s chief economist, Mark Zandi, about the disconnect between economic ...
nymag.com/intelligencer/article/the-economy-is-roaring-will-it-matter-for-biden.html
Wall Street Breakfast: Riddled With Rates: This article discusses the dwindling odds of rate cuts amid hot inflation, costs to comply with EPA's PFAS rule ...
seekingalpha.com/article/4683258-wall-street-breakfast-riddled-rates
Voters feel better about the economy. Will it help Biden?: Inflation is down and "vibes" are up - but younger Americans especially remain sceptical after the ...
bbc.com/news/business-68254587
Fresh uncertainty around rate cuts exposes the stock market’s winners and losers: 5% 10-year Treasury yield no longer considered a level that might trigger a ...
marketwatch.com/story/fresh-uncertainty-around-fed-rate-cuts-exposes-the-stock-markets-winners-and-losers-afe0c399
For savvy gift givers, it might be time to choose roses over chocolates this Valentine's Day.
Cocoa futures have shot up over 100% in the last year ... Show more yhoo.it/42Dq6xO
Morning Bid: Rates angst, China cut and credit card deal: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-02-20/
Consumers are tired of inflation. But some retailers fear falling prices: Deflation could put pressure on retailers and brands to drive more volume ...
cnbc.com/2024/02/25/inflation-vs-deflation-retailers-fear-falling-prices.html
Fed’s Harker Says US Nearing Soft Landing as Inflation Falls: Federal Reserve Bank of Philadelphia President Patrick Harker said a soft landing for the US ...
bloomberg.com/news/articles/2024-02-07/fed-s-harker-says-us-nearing-soft-landing-as-inflation-falls
Paid articlePaid Morning Bid: Tech-led U.S. 'exceptionalism' underlined: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-graphics-2024-02-15/
LIVE: US Treasury Secretary Janet Yellen speaks on lowering health care, drug costs
U.S. Treasury Secretary Janet Yellen speaks in Pittsburgh, Pennsylvania ... Show more #Live #JanetYellen #Treasury #healthcarecosts #healthcare #prescriptiondrugcosts #health #InflationReductionAct #news #Reuters #Pittsburgh #Pennsylvania www.reuters.com/
Federal Reserve officials caution against cutting US interest rates too soon or too much
baltimoresun.com/2024/02/22/federal-reserve-officials-caution-against-cutting-us-interest-rates-too-soon-or-too-much/
Kraft Heinz And Coca-Cola, Beloved By Buffett, Diverge On Sales: The beverage and snack giants are among the top five Warren Buffett stock holdings by number of ...
investors.com/news/warren-buffett-stocks-coca-cola-earnings-kraft-heinz-what-to-expect/
Chocolate Prices Are Skyrocketing — and it Has Very Little to do With Inflation: The price of cocoa hit an all-time high, reaching a staggering $5 ...
foodandwine.com/chocolate-prices-skyrocketing-8610938
401(k) 'hardship' withdrawals surge to another record as high inflation stings: Hardship withdrawals allow workers to tap their 401(k) for an 'immediate and ...
foxbusiness.com/economy/401k-hardship-withdrawals-surge-another-record-high-inflation-stings
Gov. Shapiro is pitching more funding for Pa.’s struggling transit systems. Will the state Senate agree?
pennlive.com/news/2024/01/gov-shapiro-is-pitching-more-funding-for-pas-struggling-transit-systems-will-the-state-senate-agree.html
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Some Democrats hate it, but ‘Bidenomics’ isn’t going anywhere: When President Joe Biden visits Pennsylvania on Friday — his first official event of the year ...
cnn.com/2024/01/12/politics/joe-biden-bidenomics-pennsylvania/
Fed's Goolsbee Expects Interest Rates To Fall With Inflation: 'Golden Path' Is Possible
benzinga.com/news/econ-s/24/01/36695699/feds-goolsbee-expects-interest-rates-to-fall-with-inflation-says-golden-path-is-possible
Uganda raises policy rate to 10pc after shilling falls to all-time low: The BoU has raised its inflation forecasts over the next 12 months, Atingi-Ego said.
monitor.co.ug/uganda/news/national/uganda-raises-policy-rate-to-10pc-after-shilling-falls-to-all-time-low-4549084
Bond Bulls Fixated on Fed-Rate Cuts Risk Getting Smacked Around: Bond traders are growing more convinced that US yields are heading lower as they bet on a series ...
bloomberg.com/news/articles/2024-01-14/bond-bulls-fixated-on-fed-rate-cuts-risk-getting-smacked-around
President Biden visits Lehigh Valley businesses in second trip to Pennsylvania in seven days
inquirer.com/politics/pennsylvania/president-biden-lehigh-valley-visit-20240112.html
Consumers are increasingly pushing back against price increases — and winning: In grocery stores, they’re shifting away from name brands to store-brand items ...
english.elpais.com/economy-and-business/2024-02-26/consumers-are-increasingly-pushing-back-against-price-increases-and-winning.html
Quick Glance: Consumers Push Back Against Price Hikes
- Consumers are resisting ongoing price increases, particularly in food and consumer goods.
- The growing consumer resistance has led major food companies to significantly slow down their price increases.
- Increasing price sensitivity among consumers has led companies to plan smaller price hikes.
- The Federal Reserve expects a steady decline in inflation due to consumer reluctance to pay high prices.
Real Time Economics: Rising Credit-Card Debt, Higher Prices and Falling Interest Rates
createsend.com/t/d-991067C02E9977542540EF23F30FEDED
What Nestlé and other food giants are saying about inflation: Nestlé, PepsiCo, and Kraft Heinz all blamed inflation for slumped sales in 2023
qz.com/nestle-pepsi-kraft-blame-inflation-for-lower-sales-1851278369
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Hopes for rate cuts are the problem, not 3% inflation: SEI's Solloway: Inflation rose at a higher-than-expected rate of 3.4% last month, damping market ...
businessinsider.com/markets-inflation-interest-rates-cut-expectations-economy-fed-sei-solloway-2024-1
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Why Your Drugstore Is Closing: Major chains are closing thousands of stores across the U.S. as problems continue in the sector.
newsweek.com/why-your-drugstore-closing-cvs-walgreens-rite-aid-1861542
Hershey says ‘historic’ cocoa inflation could push prices higher: Cocoa prices are climbing fast, and Hershey Co. may continue raising prices to keep up.
torontosun.com/business/money-news/hershey-says-historic-cocoa-inflation-could-push-prices-higher
State funding for Penn State, Pitt, and Temple hasn’t kept pace with inflation, data show
pennlive.com/news/2024/01/state-funding-for-penn-state-pitt-and-temple-hasnt-kept-pace-with-inflation-data-show.html
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Will savings interest rates stay high in 2024?: Experian analysis finds that savings interest rates will likely decrease in 2024, but not by much.
kentucky.com/news/business/article284029743.html
Hershey: Why The Leading Chocolate Maker Should Get Sweeter In 2024: Hershey's highly profitable business model is well positioned to handle the surge in raw ...
seekingalpha.com/article/4664479-hershey-why-leading-chocolate-maker-should-get-sweeter-in-2024
Paid articlePaid A fresh reading of the Fed's preferred inflation measure will put the market rally to the test in the week ahead.
Here's a look at what's happening this week ... Show more yhoo.it/3RNfqJ1
UC Berkeley grade inflation: These majors seeing biggest GPA jumps: Nearly two thirds of all undergraduate grades at UC Berkeley were A’s or A minuses last year ...
sfchronicle.com/projects/2023/uc-berkeley-grade-inflation/
Quick Glance: UC Berkeley: Notable Grade Inflation in Major Fields
- Over half of all undergraduate grades at UC Berkeley were A’s or A minuses in 2022, a significant increase from a decade ago.
- Data from UC Berkeley indicates that grade inflation accelerated during the COVID-19 pandemic and has become a long-term trend.
- The share of A’s has increased by 13 percentage points compared to its peak of 77% in 2020.
- Changes in the school’s grading policies during the pandemic led to a surge in A’s, according to Oliver O’Reilly, vice provost for undergraduate education and a mechanical engineering professor at Berkeley.
Ahead of Pittsburgh Opera's next show, inflation continues to hit the arts hard: Inflation continues to fall across the U.S., but it’s still impacting industries ...
post-gazette.com/ae/music/2024/01/16/pittsburgh-opera-iphigenie-tickets-baroque-inflation-set-cost-steven-grair/stories/202401100101
‘The era of “do nothing, the boss can’t fire me” is over’ says Ivy League professor Jeremy Siegel, as workers face down fear of layoffs
fortune.com/2023/11/07/jeremy-siegel-do-nothing-era-is-over-labor-market/
Paid articlePaidQuick Glance: Workplace Anxiety Driving Productivity
- Professor Jeremy Siegel of the Wharton School of the University of Pennsylvania suggests that fear of layoffs has actually contributed to the increase in productivity.
- Productivity has surged, partially due to workers' fear of being laid off, according to Professor Siegel.
- Professor Siegel anticipates this productivity surge to continue, partially supported by advancements in artificial intelligence.
- Siegel is disappointed in the Fed's lack of attention to productivity in the macroeconomic environment, and believes this will result in another pause from the Fed in December unless something extraordinary happens in the coming weeks.
3 Things - Bitcoin, Inflation And Monetary Policy: The SEC finally approved a Bitcoin ETF. The Winklevoss twins filed for the initial Bitcoin ETF in July of 2013 ...
seekingalpha.com/article/4662734-3-things-bitcoin-inflation-monetary-policy
Paid articlePaid Strategic Agility In Insurance: W. R. Berkley's Path To Sustained Market Resilience
seekingalpha.com/article/4662341-w-r-berkleys-path-to-sustained-market-resilience
Paid articlePaid US retailers brace for a tough holiday season despite discounts: U.S. retailers across apparel, electronics and home improvement are bracing for a challenging ...
reuters.com/business/retail-consumer/us-retailers-brace-tough-holiday-season-despite-discounts-2023-11-21/
Editorial: Unemployment is at record lows. Why are people down on the economy?: It’s hard to deny that the economy of Western Pennsylvania, and of the United ...
post-gazette.com/opinion/editorials/2024/01/05/unemployment-labor-force-housing-market-economy/stories/202401050051
Texas Solar Projects Qualify for Key Biden Tax Credits in Industry First: Incentives in the Inflation Reduction Act are bolstering solar component manufacturing ...
bloomberg.com/news/articles/2023-11-30/texas-solar-projects-qualify-for-key-biden-tax-credits-in-industry-first
NY Fed finds softer inflation expectations in October: The expected path for inflation softened on balance in October amid rising expectations for future ...
reuters.com/markets/us/ny-fed-finds-softer-inflation-expectations-october-2023-11-13/
Quick Glance: Surprising Drop in US Producer Prices in October
- Last month saw the largest decrease in the producer price index for final demand since April 2020 at 0.5%.
- The PPI increased by 1.3% in the 12 months through October, following a 2.2% rise in September.
- Goods prices experienced a 1.4% decline in October, with a 15.3% decrease in gasoline prices being responsible for over 80% of the drop.
- Food prices fell by 0.2%, while prices for light motor trucks decreased.
Morning Bid: Ebbing oil sustains economic glow: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-11-16/
McDonald's $16 meal on TikTok is important to the 2024 presidential election: While inflation has come down, food prices are still soaring and souring Americans' ...
businessinsider.com/mcdonalds-tiktok-meal-food-prices-economy-inflation-presidential-election-bidenomics-2023-11
A Gift Of Knowledge: Top 10 Economic Charts Of 2023 You'll Likely Want To Share During Your Holiday Gathe
benzinga.com/economics/macro-economic-events/23/12/36374699/a-gift-of-knowledge-top-10-economic-charts-of-2023-youll-likely-want-to-share-dur
Kraft Heinz lifts annual profit target as price hikes boost margin: Kraft Heinz (KHC.O) beat Wall Street estimates for third-quarter profit and raised its annual ...
reuters.com/business/retail-consumer/kraft-heinz-misses-third-quarter-revenue-estimates-2023-11-01/
S&P 500: Positive Run Into 2024: We expect GDP growth for the U.S. in 2024 to be between 1.7% and 2.12%, with interest rates ranging from 4.39% to 4.6% ...
seekingalpha.com/article/4658916-s-and-p-500-positive-run-into-2024
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Fed’s rate strategy stymied by stubborn housing cost inflation: The Federal Reserve is facing questions about its ability to tame one of the largest drivers of ...
thehill.com/business/4290453-feds-rate-strategy-stymied-by-stubborn-housing-cost-inflation/
Weekend Reading - Another Good Labor Report, Commodities Can't Catch A Bid: The employment report showed another solid gain. The underlying data remained a bit ...
seekingalpha.com/article/4657133-weekend-reading-3-things
Paid articlePaid Fed's Powell: Strong economy may still require rate increases - Reuters News: The U.S. economy's strength and continued tight labor markets could warrant further ...
reuters.com/markets/us/view-feds-powell-strong-economy-may-still-require-rate-increases-reuters-news-2023-10-19/
Quick Glance: Fed Chair Powell: Bond Market Restraining Strong US Economy
- Powell agrees that rising yields tighten financial conditions and may reduce the need for further rate increases.
- Interest rates on Treasury bonds rose during Powell's remarks.
- Powell and colleagues consider the market-driven tightening of credit as a possibility.
- Labor market cooling and decreasing inflation are observed.
The most expensive cheesesteak in Philly just got a makeover: “The former was a decadent, luxurious version of a Philly cheesesteak,” says chef Mark Twersky ...
inquirer.com/food/restaurants/expensive-philly-cheesesteak-barclay-prime-20231207.html
Editorial: Hiking prices ‘just because’ turns out to be bad for business: Consumer products and packaged food companies are scratching their heads for reasons ...
orlandosentinel.com/2023/10/25/editorial-hiking-prices-just-because-turns-out-to-be-bad-for-business/
S&P 500 ends near flat; utilities drop, focus on rate outlook: The S&P 500 ended nearly flat on Monday with utilities falling sharply and investors weighing the ...
reuters.com/markets/us/futures-rise-us-congress-averts-govt-shutdown-2023-10-02/
Medical inflation in India reaches alarming rate of 14%, reveals report | Mint: Healthcare costs in India are rising rapidly, and many employees are unable to ...
livemint.com/money/personal-finance/medical-inflation-in-india-reaches-alarming-rate-of-14-reveals-report-11700634947658.html
Paid articlePaid Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
reuters.com/markets/us/fed-chief-powell-has-warned-economic-pain-york-pa-he-heard-all-about-it-2023-10-02/
Fed’s Kashkari Says 1 More Rate Hike Needed Even If Economy Avoids Recession: Federal Reserve Bank of Minneapolis President Neel Kashkari said he sees a 60% ...
bloomberg.com/news/articles/2023-09-26/fed-s-kashkari-says-one-more-hike-needed-even-with-soft-landing
Quick Glance: US job market defies rising interest rates and high unemployment
- Last year's inflation spike was painful, but the job market remained resilient.
- Economists predicted dire consequences from rate hikes, but the economy has shown unexpected durability.
- How is the Fed managing to combat inflation without causing negative effects?
- Can the job market stay strong despite the Fed's intention to keep rates high?
WSJ News Exclusive | Why One Fed Official Is Ready to Stop Raising Rates: Philadelphia Fed President Patrick Harker said he thinks the central bank can likely ...
wsj.com/economy/central-banking/why-one-fed-official-is-ready-to-stop-raising-rates-73330eeb
US Fed official says rate cut unlikely in 'short term': The US Federal Reserve is likely done raising interest rates to tackle inflation but probably ...
thejakartapost.com/business/2023/11/09/us-fed-official-says-rate-cut-unlikely-in-short-term.html
Morning Bid: Fed leaves shoe dangling in policy parade: A look at the day ahead in U.S. and global markets by Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-09-21/
Quick Glance: US Federal Reserve Maintains Steady Interest Rates - Temporarily
- In March 2022, the bank already raised interest rates from near zero to cool the economy and control price inflation.
- They also anticipate higher interest rates next year compared to previous forecasts.
- The US announcement precedes the Bank of England's meeting on Thursday, as it tackles its own inflation challenges.
- The widely expected rate increase by the Bank has not been announced.
Federal Reserve unveils Instagram, Threads accounts: The Federal Reserve can now be followed on Instagram and Threads. In a news release ...
thehill.com/homenews/media/4235662-federal-reserve-unveils-instagram-threads-accounts/
Fed meeting preview: Jerome Powell, policymakers signal what's next: Central bankers have shared mixed views on how monetary policy could change as officials ...
businessinsider.com/recession-outlook-jerome-powell-fed-policymakers-central-bank-investors-rates-2023-10
Biden heads to Philadelphia for a Labor Day parade and is expected to speak about unions' importance
abcnews.go.com/US/wireStory/biden-heads-philadelphia-labor-day-parade-expected-speak-102904480
Quick Glance: Biden criticizes Trump on jobs in battleground Pennsylvania
- Biden highlights past job losses
- U.S. unemployment decreased under Trump's presidency
- Trump spokesperson accuses Biden of destroying jobs and fueling inflation
- Economic issues play a key role in the 2024 presidential race
Flying home for Thanksgiving? You’ll find cheaper fares to and from Philly this year
inquirer.com/business/cheap-thanksgiving-travel-philadelphia-airport-20231103.html
'Sticky' inflation is a good sign for the health of the economy: Retail sales in September were higher than expected. While not good for slowing the economy ...
businessinsider.com/sticky-inflation-economy-recession-soft-landing-2023-10
Biden takes shot at Trump on jobs in battleground Pennsylvania: U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump ...
reuters.com/world/us/biden-takes-economic-pitch-battleground-pennsylvania-us-labor-day-2023-09-04/
US Fed likely to pause again with rates at 22-year high: Interest rate hikes slow down inflation by raising the cost of borrowing from the bank ...
thejakartapost.com/business/2023/10/30/us-fed-likely-to-pause-again-with-rates-at-22-year-high.html
Australia News Today: RBA Inflation Warning, Alcoa Cuts, Wine Optimism: Good morning, it’s Amy in Melbourne. We’re expecting employment data this morning ...
bloomberg.com/news/newsletters/2023-10-18/australia-news-today-rba-inflation-warning-alcoa-cuts-wine-optimism
Fed's Harker Breaks Ranks With Powell, Rejects Further Rate Increases, Signaling Board Dissent - Invesco
benzinga.com/etfs/broad-u-s-equity-etfs/23/08/34045414/feds-harker-breaks-ranks-with-powell-rejects-further-rate-increases-signaling-board-di
Quick Glance: Powell: Economy's Strength May Require More Interest Rate Increases
- Economic growth may require more interest rate increases, says Powell
- Higher loan rates make it harder to afford homes and cars
- Fed believes its key rate is high enough to restrain growth
- Even without further rate hikes, the Fed may keep its benchmark rate elevated to contain inflation
USA: Bidenomics is a risky campaign bet: Joe Biden is putting the economy at the center of his campaign. His numbers are good. The problem: the U.S ...
wiwo.de/politik/ausland/us-wahlkampf-die-bidenomics-sind-eine-riskante-wette/29446758.html
Philly Fed Manufacturing Index Rebounds In August For Strongest Month Since April 2022
benzinga.com/economics/macro-economic-events/23/08/33894944/philly-fed-manufacturing-index-rebounds-in-august-for-strongest-month-since-april
Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
thehill.com/business/ap-federal-reserve-minutes-too-high-inflation-still-a-threat-could-require-more-rate-hikes/
Quick Glance: Fed divided on need for more rate hikes
- Federal Reserve officials were divided on the need for more interest rate hikes at the July 25-26 meeting.
- Some participants cited the risks to the economy of pushing rates too far.
- However, most policymakers continued to prioritize the battle against inflation.
- The minutes of the session were released on Wednesday.
Kraft, Kellogg, other food producers suing over egg prices score evidence win in US court
reuters.com/legal/litigation/kraft-kellogg-other-food-producers-suing-over-egg-prices-score-evidence-win-us-2023-08-22/
Chocolate makers' prospects sour as cocoa prices spike: Chocolate makers like Hershey (HSY.N) and Mondelez (MDLZ.O) face tougher trading conditions over the next ...
reuters.com/business/retail-consumer/chocolate-makers-prospects-sour-cocoa-prices-spike-2023-08-18/
Shares whipsaw as Fed weighs inflation risks, yields steady: World stocks whipsawed on Friday after investors hoping for more dovish remarks from Fed Chair ...
reuters.com/markets/global-markets-wrapup-1-2023-08-25/
Fed may be at point to 'hold rates steady,' Harker says: Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may be at ...
reuters.com/markets/rates-bonds/feds-harker-may-be-point-hold-rates-steady-2023-08-08/
Kraft Heinz sales miss estimates as higher prices hit demand: Kraft Heinz (KHC.O) missed quarterly sales estimates on Wednesday as inflation-hit customers bought ...
reuters.com/business/retail-consumer/kraft-heinz-misses-quarterly-sales-estimates-2023-08-02/
Just a moment...: 403: 64d4fbbf618ac
investors.com/news/economy/cpi-inflation-rate-rise-in-july-federal-reserve-policy/
Quick Glance: US inflation rises in July due to housing costs
- Inflation has decreased in the US since last year.
- The rate of inflation was 3.2% over the year to July, driven by higher housing, car insurance, and food costs, according to the Labor Department.
- Analysts had expected the increase in the overall inflation rate, following relatively weak price increases last July.
- Many analysts expect housing costs, which are heavily weighted in US inflation calculations, to decrease in the coming months based on independent reports of a slowdown in rental rate growth.
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