rise in price level in an economy over time
The EPA is transforming communities throughout the Kansas City region. Here’s how | Opinion
kansascity.com/opinion/readers-opinion/guest-commentary/article287735810.html
Westport bar, site of fatal shooting, closes after 10 years. Owners blame inflation
kansascity.com/news/business/openings-closings/article287518215.html
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Why buying tickets to a game has become so unaffordable: Take me out to the ballgame. If you can afford it.
cnn.com/2024/02/04/business/its-not-just-the-super-bowl-going-to-a-game-is-becoming-unaffordable/
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Travis Kelce is making his debut as a film producer with SXSW-bound indie "My Dead Friend Zoe." He and the other investors in the low-budget dark ... Show more trib.al/DzN8ISW
Taller buildings in S.F. make no sense in neighborhoods: Chronicle readers also comment on social strife, war, mass shootings and corporate “greedflation.”
sfchronicle.com/opinion/letterstotheeditor/article/yimby-building-san-francisco-18672608.php
Paid articlePaid I accidentally left my wallet on my car. I discovered there are good people in Lenexa | Opinion
kansascity.com/opinion/letters-to-the-editor/article285017812.html
Fed's Barkin says economic soft landing is 'increasingly conceivable': The U.S. central bank is "making real progress" towards taming inflation without ...
reuters.com/markets/us/feds-barkin-says-soft-landing-economy-increasingly-conceivable-2024-01-03/
Quick Glance: Fed Officials Forecast Rate Cuts in 2024
- In December, Fed officials concluded that rate cuts are likely in 2024, but timing remains uncertain.
- The Federal Open Market Committee decided to maintain the benchmark rate in the range of 5.25% to 5.5%.
- Members anticipate three quarter-point rate cuts by the end of 2024.
- Expectations from members indicate cuts over the next three years to bring the overnight borrowing rate close to the long-term range of 2%.
Is $1 million enough to retire in Missouri? Here’s how many years it would last : Could you retire with $1 million? Most Americans will need more to make it ...
kansascity.com/news/state/missouri/article283874788.html
3/8th-cent sales tax to support stadium dreams: What about reader’s idea to halve it? | Opinion
kansascity.com/opinion/letters-to-the-editor/article283085088.html
Keleigh Sperry, Miles Teller's Wife, Revealed That She Gifted Taylor Swift Her Huge Ring
instyle.com/miles-teller-wife-keleigh-sperry-taylor-swift-ring-8419501
The Chiefs’ coaches underestimated what they had with Tyreek Hill and Patrick Mahomes | Opinion
kansascity.com/opinion/letters-to-the-editor/article282226788.html
Fed hawks, doves, and centrists: How US central bankers' views are changing: The labels "dove" and "hawk" have long been used by central bank watchers to ...
reuters.com/markets/us/fed-hawks-doves-centrists-how-us-central-bankers-views-are-changing-2023-12-01/
Fed hawks, Fed doves: What U.S. central bankers are saying: The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary ...
reuters.com/markets/us/fed-hawks-fed-doves-what-us-central-bankers-are-saying-2023-11-28/
Quick Glance: Conditions for Fed Interest Rate Cuts in 2024
- Interest rate cuts do not occur during times of economic stability, which is important for markets anticipating Federal Reserve easing next year.
- A compelling justification will be needed to start easing, and even then, interest rate decreases are likely to occur slowly - unless an unforeseen event occurs and the Fed is forced into more aggressive action.
- "The market constantly tries to anticipate these interest rate cuts, only to end up disappointed," said Kathy Jones, chief fixed income strategist at Charles Schwab.
- "In a different cycle, when inflation had not risen so sharply, I think the Fed would have already reduced interest rates."
Fed's Goolsbee sees inflation falling fast without jobless surge: U.S. inflation is cooling at what could prove to be its fastest pace in at least 40 years ...
reuters.com/markets/us/feds-goolsbee-sees-inflation-falling-fast-without-jobless-surge-2023-11-14/
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.
Boston Fed's Collins: Remain optimistic in soft landing from inflation: Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the ...
reuters.com/markets/us/boston-feds-collins-remain-optimistic-soft-landing-inflation-2023-11-17/
Fed's Barkin: 'remains to be seen' if more tightening is needed: Richmond Federal Reserve Bank President Thomas Barkin on Thursday said that while there's been ...
reuters.com/markets/us/feds-barkin-remains-be-seen-if-more-tightening-is-needed-2023-11-09/
Fed is making progress on inflation, Goolsbee says: The Federal Reserve has made significant inroads in its battle to bring inflation down to its 2% target ...
reuters.com/markets/us/feds-goolsbee-we-are-making-progress-inflation-2023-11-07/
Fed's Barkin says there is 'a lot of time' to decide next policy step: Federal Reserve Bank of Richmond President Thomas Barkin said Friday that softer jobs data ...
reuters.com/markets/us/feds-barkin-says-there-is-a-lot-time-decide-next-policy-step-2023-11-03/
Quick Glance: Fed rate hikes possibly concluded as labor market further cools
- Slowing U.S. job growth and cooling wage pressures might provide Federal Reserve policymakers with renewed confidence that the U.S. economy is adapting to the impact of the coronavirus pandemic, allowing inflation to ease without requiring additional interest rate increases.
- Bond yields declined, and traders of contracts linked to the Fed's policy rate now perceive only a 12% probability of a rate hike by January, down from 30% prior to the release of the employment report.
- The reports on inflation in the upcoming months will be crucial, he stated.
- Despite the relaxation of financial conditions, the Fed will depend on economic data to determine its course of action, "and the data indicate that we are finished with rate hikes."
Fed has 'some time' to see data before deciding next rate move, says Logan: Federal Reserve Bank of Dallas President Lorie Logan said on Thursday that recent ...
reuters.com/markets/us/feds-logan-fed-has-some-time-see-data-before-deciding-next-rate-move-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.
Fed hawks, Fed doves: What U.S. central bankers have been saying: The labels “dove” and “hawk” have long been used by central bank watchers to describe the ...
reuters.com/business/finance/fed-hawks-fed-doves-what-us-central-bankers-have-been-saying-2023-10-23/
Social Security benefits will increase by 3.2% in 2024 as inflation moderates. Here's what to know
omaha.com/news/nation-world/social-security-benefits-increase-in-2024/article_e13e4be1-038a-5b56-b79e-d83c96045bb0.html
Fed's Goolsbee says fall in US inflation is not just a blip- FT: Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in U.S ...
reuters.com/markets/us/feds-goolsbee-says-fall-us-inflation-is-not-just-blip-ft-2023-10-16/
Fed's Barkin: Fed has time to see data before making next rate move call: Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that the U.S ...
reuters.com/markets/us/feds-barkin-fed-has-time-see-data-before-making-next-rate-move-call-2023-10-17/
Fed doves, Fed hawks: US central bankers in their own words: The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary ...
reuters.com/markets/us/fed-doves-fed-hawks-us-central-bankers-their-own-words-2023-10-12/
Morning Bid: Oil spike delivers coup de grace to dire Q3: A look at the day ahead in U.S. and global markets by Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-09-28/
The Fed hits pause on interest rate hikes while it reviews more data: The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark ...
cnn.com/2023/09/20/business/fed-meeting-september-final/
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.
Fed's Goolsbee says he hopes 'golden path' is within reach: Chicago Federal Reserve Bank President Austan Goolsbee on Thursday repeated his view that getting the ...
reuters.com/markets/us/feds-goolsbee-says-he-hopes-golden-path-is-within-reach-2023-09-07/
Quick Glance: Fed: Open question on the need for a rate hike
- Williams keeps options open for future interest rate policy
- Acknowledges falling inflation and a more balanced economy
- No urgency for rate rise this month
- Williams made comments at Bloomberg event
Fed's Collins says now is time to be patient, deliberate with policy: Federal Reserve Bank of Boston President Susan Collins said Wednesday that while there are ...
reuters.com/markets/us/feds-collins-says-now-is-time-be-patient-deliberate-with-policy-2023-09-06/
Fed Chair Powell in Jackson Hole: Inflation Fight Isn’t Over: Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the ...
nytimes.com/2023/08/25/business/economy/fed-powell-inflation-jackson-hole.html
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
Fed doves, Fed hawks: US central bankers in their words: The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary ...
reuters.com/markets/us/fed-doves-fed-hawks-us-central-bankers-their-words-2023-08-22/
US consumers’ mood soured at the end of summer on inflation worries: Americans felt more pessimistic about the economy in August, following two straight months ...
cnn.com/2023/08/29/economy/consumer-confidence-august/
What the August jobs report means for the Fed: The long-robust US job market is continuing to cool, according to several economic indicators released this week ...
cnn.com/2023/09/02/economy/what-the-august-jobs-report-means-for-the-fed/
Job Openings Dropped in July as Labor Market Cooled: Vacancies fell to 8.8 million, the lowest level since March 2021.
nytimes.com/2023/08/29/business/economy/job-openings-layoffs-jolts.html
Quick Glance: Job market slowdown raises speculation on interest rate increases
- US job vacancies drop in July to lowest level since March 2021 as higher borrowing costs weigh on the economy.
- US job openings dropped to the lowest level in over two years in July and fewer Americans quit their positions, fueling expectations that the labor market is cooling enough for the Federal Reserve to forego further interest rate increases this year.
- There were 8.8 million job vacancies in July, down from 9.2 million in June, according to the Labor Department's survey released on Tuesday.
- The number of voluntary job quits also declined, indicating that workers see fewer opportunities in the job market.
Live news: FedEx shares surge after boosting profit outlook
ft.com/content/b6c8f22f-e274-4904-9417-a74cd16b630f
Paid articlePaid No appetite at Fed, ECB for changing inflation goal: Any thoughts that the 2% inflation goal long sought by the U.S. Federal Reserve and the European Central ...
reuters.com/markets/no-appetite-fed-ecb-changing-inflation-goal-2023-08-25/
Factbox: Highlights of Fed Chair Powell's Jackson Hole speech: Federal Reserve Chair Jerome Powell on Friday said the central bank may need to lift interest ...
reuters.com/markets/us/highlights-fed-chair-powells-jackson-hole-speech-2023-08-25/
Fed doves, Fed hawks: a look at how U.S. central bankers fly: The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary ...
reuters.com/business/finance/fed-doves-fed-hawks-look-how-us-central-bankers-fly-2023-08-11/
Play Jackson Hole Bingo: 25 Economic Buzzwords From 2023 Fed Symposium: It’s happy hour as economic buzzwords galore, from financial conditions to so-called long ...
bloomberg.com/news/articles/2023-08-21/as-world-central-bankers-gather-play-along-with-jackson-hole-bingo
Fed may need to raise interest rates further: The Federal Reserve may need to raise interest rates further to cool still-too-high inflation ...
thedailystar.net/business/global-economy/news/fed-may-need-raise-interest-rates-further-3403811
Why investors are taking good economic news badly: Many investors had bet that the Fed would begin cutting interest rates later this year ...
bostonglobe.com/2023/08/21/business/heres-why-investors-are-taking-good-economic-news-badly/
Stretching the Basket: Fatima S. Attarwala examines how price increases are changing what goes into the average grocery basket.
aurora.dawn.com/news/1144887
ECB’s Boris Vujcic Says More Price Data Needed to Determine Interest Rate Peak: European Central Bank Governing Council member Boris Vujcic said officials need ...
bloomberg.com/news/articles/2023-08-25/ecb-s-vujcic-says-more-price-data-needed-to-determine-rate-peak
Fed Chair Powell to give economic outlook speech at Jackson Hole: The annual gathering of central bankers is a chance for Powell to signal whether more policy ...
theglobeandmail.com/world/article-fed-chair-powell-to-give-economic-outlook-speech-at-jackson-hole/
Fed raises interest rates to 22-year high, leaves door open for more hikes: Chair Jerome Powell hoses down recession talk but says further rates will be a ...
smh.com.au/business/the-economy/fed-raises-interest-rates-to-22-year-high-leaves-door-open-for-more-hikes-20230727-p5drkh.html
Quick Glance: US Economy Stays Strong: GDP Grows by 2.4% in Q2
- The Commerce Department announced that the gross domestic product, adjusted for inflation, increased by a 2.4 percent annual rate in the second quarter.
- Business investment rebounded in Q2 following a slump in the previous quarter, and growth was also supported by increased spending from state and local governments.
- According to Patrick Weiler, President and CEO, the company will initially utilize only a quarter of the available space.
AMC cancels plans to charge more for best cinema seats after a test with moviegoers turned out to be a box office bomb
fortune.com/2023/07/20/amc-cancels-plans-to-charge-more-for-best-cinema-seats/
Paid articlePaidQuick Glance: AMC cancels plan for higher prices on better movie seats
- AMC Entertainment has abandoned its plans to charge customers variable prices for movie theater seats.
- The company announced its 'Sightline' pricing strategy in February and tested it at select locations in three US markets.
- The program charged moviegoers more for the best theater seats, or 'Preferred Sightline' seats.
- The decision comes as the movie theater industry suffers through a sluggish summer blockbuster season.
US inflation cooled in June for the 12th straight month: What a difference a year makes.
cnn.com/2023/07/12/economy/cpi-inflation-june/
Quick Glance: US Inflation Rises at Slowest Pace in Two Years
- Inflation rose 3% in June compared to the previous year, according to data, down from 4% in May.
- Inflation has significantly decreased from its peak of over 9% in June 2022, and the latest reading represents the slowest pace since March 2021.
- The increase in US inflation in June was driven by higher housing costs, as reported by the Labor Department.
- The figures highlight the relatively fast progress the US has made in controlling price increases, especially compared to the UK, where inflation reached 8.7% in May despite multiple interest rate hikes.
The Numbers Behind Rob Manfred’s Extension As MLB Commissioner: Rob Manfred's main job is to make baseball owners richer. By that yardstick ...
forbes.com/sites/mikeozanian/2023/07/27/the-numbers-behind-rob-manfreds-extension-as-mlb-commissioner/
‘Buy now, pay later’ for groceries? More shoppers are using it to cover essentials
sacbee.com/news/business/personal-finance/article277478528.html
Beauty Is About to Re-Enter Its Dupe Era: Amid rampant inflation and economic uncertainty, experts say dupes, "premiumization" and emotional purchasing will ...
fashionista.com/2023/04/beauty-products-cost-inflation-premiumization
Vancouver Whitecaps make pitch towards families as inflation, expenses hit fans: Team president Axel Schuster said the club understands the realities of the cost ...
theprovince.com/sports/soccer/mls/vancouver-whitecaps/vancouver-whitecaps-make-pitch-towards-families-as-inflation-expenses-hit-fans
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The curious history of the Federal Reserve's 2% inflation targeting, explained: As the world shifts to a new post-pandemic normal, the inflation targets of ...
cnbc.com/2023/02/20/the-federal-reserves-2percent-inflation-targeting-policy-explained.html
Solid US jobs data keeps Fed on track for rate hike in May: An historically low U.S. unemployment rate and rising wages will likely keep the Federal Reserve on ...
reuters.com/markets/us/fed-refocuses-job-market-financial-risks-ease-inflation-remains-high-2023-04-07/
Quick Glance: Despite the Fed's rate hikes, the United States adds a healthy 236,000 jobs.
- Despite last month's strong job growth, the latest economic indicators point to a possible economic slowdown.
- When the central bank tightens credit, mortgages, auto loans, credit card borrowing, and many business loans typically see higher interest rates.
- In the last year, however, it has raised rates more aggressively than it has since the 1980s in order to combat the worst inflationary period since then.
- The latest year-over-year consumer inflation rate of 6% is significantly lower than the 9.1% rate reached in June.
Solid US jobs data keeps Fed on track for rate hike in May: An historically low U.S. unemployment rate and rising wages will likely keep the Federal Reserve on ...
reuters.com/markets/us/fed-refocuses-job-market-financial-risks-ease-inflation-remains-high-2023-04-07/
Fed may stick with one more rate hike even as inflation cools: Federal Reserve policymakers may take some comfort from data on Friday showing a key gauge of ...
reuters.com/markets/rates-bonds/fed-seen-fence-interest-rate-hike-may-meeting-2023-03-31/
Wall Street ends down as weak economic data fuels recession fears: Wall Street closed lower on Tuesday after evidence of a cooling economy exacerbated worries ...
reuters.com/markets/us/futures-edge-higher-tech-growth-stocks-gain-focus-jobs-data-2023-04-04/
The curious history of the Federal Reserve's 2% inflation targeting, explained: As the world shifts to a new post-pandemic normal, the inflation targets of ...
cnbc.com/2023/02/20/the-federal-reserves-2percent-inflation-targeting-policy-explained.html
This Earth Day, Kansas and Missouri have new resources to create better communities | Opinion
kansascity.com/opinion/readers-opinion/guest-commentary/article274446465.html
Morning Bid: Central banks try to see through stress: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/global-markets-view-usa-2023-03-23/
Fed Unity Is Showing Cracks at a Critical Time: The rate-setting committee has mostly stuck together in the past year. A mild second-half recession would test ...
bloomberg.com/opinion/articles/2023-04-18/federal-reserve-unity-on-inflation-and-rates-shows-cracks
FTX Lost Track of Its Money: Also Chatham, AMC APEs and Universa.
bloomberg.com/opinion/articles/2023-04-10/ftx-lost-track-of-its-money
Sustainable Beauty Brands To Shop During Earth Month (and Beyond!): From refillable products to eco-friendly false lashes, celebrate Earth Month (and beyond!) ...
fashionmagazine.com/beauty-grooming/sustainable-beauty-brands/
‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far
fortune.com/2023/04/05/end-of-capitalism-inflation-greedflation-societe-generale-corporate-profits/
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Fed may stick with one more rate hike even as inflation cools: (Reuters) -Federal Reserve policymakers may take some comfort from data on Friday showing a key ...
finance.yahoo.com/news/fed-seen-fence-interest-rate-133631585.html
Morning Bid: War and PCE: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-pix-graphic-2023-02-24/
Quick Glance: US consumer spending rises the most in nearly two years; inflation rises
- In January, consumer spending increased by 1.8%.
- The core PCE price index rises 0.6% year on year.
- Consumer spending, which accounts for more than two-thirds of all economic activity in the United States, increased 1.8% last month.
- This was the most significant increase since March 2021.
- Consumer spending increased 1.1% when adjusted for inflation, the largest increase since March 2021.
Morning Bid: Blue chips cheered up: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-02-23/
Theater chain AMC's revenue tumbles, shares drop 9%: Theater chain AMC Entertainment Holdings Inc (AMC.N) posted a more than 15% fall in fourth-quarter revenue ...
reuters.com/markets/us/amc-entertainment-beats-quarterly-revenue-estimates-2023-02-28/
A cooldown in the housing market has started to spill into rents, though the latest inflation data out Tuesday showed housing costs accounted for the ... Show more https://yhoo.it/3TinXTu
Morning Bid: War and PCE: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-pix-graphic-2023-02-24/
Morning Bid: Winging it: A look at the day ahead in U.S. and global markets from Samuel Indyk.
reuters.com/markets/us/global-markets-view-usa-2023-02-13/
Where exactly did the 2% inflation rate dream originate? Watch the full explainer here: cnb.cx/3EuWXtI
The worry the Reserve Bank doesn’t want to tell us about: The RBA does not want to admit there’s an important dimension of inflation that’s beyond the direct ...
smh.com.au/business/the-economy/the-worry-the-reserve-bank-doesn-t-want-to-tell-us-about-20230219-p5clo8.html
Morning Bid: Chipped: A look at the day ahead in U.S. and global markets from Mike Dolan.
reuters.com/markets/us/global-markets-view-usa-2023-01-27/
Biggest risk to the market is no recession at all in 2023: JPMorgan: "Unfortunately, [at that point] you're back into a world where both bonds and stocks would ...
markets.businessinsider.com/news/stocks/fed-stock-market-outlook-recession-jpmorgan-jpm-strategist-inflation-bonds-2023-1
Super Bowl parties are getting more expensive: The cost of many Super Bowl party staples has been steadily rising.
axios.com/2023/02/09/super-bowl-parties-inflation-cost
Super Bowl 2023 party inflation: You'll save on wings and guac but pay up for beer
finance.yahoo.com/news/super-bowl-2023-party-inflation-youll-save-on-wings-and-guac-but-pay-up-for-beer-131213944.html
Wings and Guacamole Are Cheaper, Just in Time for Your Super Bowl Party: (Bloomberg) -- Football fans can rejoice: Wings and guacamole are plentiful and ...
finance.yahoo.com/news/wings-guacamole-cheaper-just-time-150000981.html
The 2023 rally bears an 'eerie resemblance' to last summer's headfake: Morning Brief
finance.yahoo.com/news/the-2023-rally-bears-an-eerie-resemblance-to-last-summers-headfake-morning-brief-102530149.html
Quick Glance: The key inflation gauge continues to fall, paving the way for a smaller Fed rate hike.
- The Federal Reserve's preferred inflation measures slowed to their slowest annual rates in over a year in December, while consumer spending fell, paving the way for policymakers to slow the pace of interest-rate hikes even further.
- The personal consumption expenditures core price index, which excludes food and energy, increased 4.4% year on year in December, according to Commerce Department data released Friday.
- The PCE price index increased 0.1% overall.
- On February 3, the January payrolls report will be released. Separate data released Friday by the University of Michigan showed that US inflation expectations continued to fall in late January, boosting consumer sentiment.
Fed's George: It will be key to hold rates up once hikes end: Kansas City Federal Reserve leader Esther George said on Thursday that she hopes the central bank ...
reuters.com/markets/us/feds-george-it-will-be-key-hold-rates-up-once-hikes-end-2023-01-05/
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