Mt. Fuji, Japan. Jirawat Plekhongthu / Eyeem | Eyeem | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth o...
Tag: Inflation
What Is Value Based Care, And Why Is The Healthcare Industry Suddenly So Interested In It?
Value based care (VBC) has become an increasingly popular buzzword, ensnaring much of the attention and press with regards to “the future of healthcare.” Many startups, large healthcare payor organiza...
BOJ Shocks; US Inflation Cools
(Bloomberg) — Bank of Japan Governor Haruhiko Kuroda shocked markets earlier this week by doubling a cap on 10-year yields, in a move that helps pave the way for possible monetary policy normali...
Treasury yields end higher after U.S. inflation reading
Treasury yields ended a holiday-shortened New York trading session higher on Friday, cementing a weekly increase, after the release of the U.S. personal consumption expenditure price index, the Federa...
Inflation Is Slowing Down, PCE Data, the Fed’s Preferred Measure, Shows
Inflation is slowing, but consumers aren’t spending as much as hoped this holiday season, data showed Friday. The core personal-consumption expenditures price index, or PCE deflator, was up 0.2% in No...
Fed’s preferred inflation gauge eased further in November
S&P 500 opened down again on Friday even after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index continued to relax in November. What does it mean fo...
Key Inflation Gauge Cools, US Consumer Spending Misses Forecasts
(Bloomberg) — The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both p...
US Inflation Gauge PCE Clocks in at 4.7% YoY
The US Personal Consumption Expenditures price index (PCE) increased by 0.1% in November compared to October and by 4.7% compared to a year ago. As the world’s most powerful economy made the announcem...
Why do people criticise CPI as a measure of inflation?
Are you sick of reading inflation articles yet? Perhaps. I’m nearly bored of writing them, anyway. The CPI, for the uninitiated, is the Consumer Price Index, which is the most commonly used metric in ...
WildCard Scenarios For 2023 And What Not To Worry About
TOPSHOT – Iranian pro-government protesters burn flags of the US, Israel and Britain during a rally … [+] against the recent anti-government protests in Iran, in Tehran, on September 25, 2...
More Consumers Turn To Buy Now, Pay Later; Signs The Economy Will Struggle
Out of Cash, Many Americans Add to Their Credit Card Debt During the Holidays Once flush with additional savings from the pandemic, many consumers have exhausted that excess cash due to ongoing inflat...
Dow Jones Futures Await Fed’s Favorite Inflation Report; Tesla Rises Late On Elon Musk Pledge
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve’s favorite inflation gauge is on tap Friday morning, while Tesla stock rose late...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says – Finance Bitcoin News
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase...
Gold Drops as Dollar Gains; Investors Await US Inflation Data
(Bloomberg) — Gold slipped as the dollar rebounded, while investors digested an improvement in consumer confidence while awaiting US inflation data that may shed more light on the Federal Reserv...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
Wholesale Inflation Report Update: December 2022
| Getty Images Key Takeaways Wholesale inflation is tracked in the U.S. using the Producer Price Index (PPI). In the latest report, final demand for goods rose 0.3% for the month and 7.4% year-over-ye...
Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth ladder, according to a CNB...
Ethereum’s Inflation Drops to Zero For Q4 – Trustnodes
The ethereum supply has become static, with it largely unchanged in the past three months since the merge went live in September. There are now 120 million coins in circulation, which is almost precis...
Amid inflation and recession fears, 10 money moves you should make in 2023
Getty Images/iStockphoto While inflation is cooling, projections still point to elevated consumer prices next year. What’s more, recession threats remain high, unemployment may rise and investors are ...
What To Expect From The Fed’s First Meeting Of 2023
Jerome Powell, chairman of the US Federal Reserve, takes a question during a news conference … [+] following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, D...
Core inflation remains high, meaning more interest rate hikes coming
While inflation data came in last week which showed figures softer than the previous month in the eurozone, the US and the UK, the fight is far from over. Inflation remains extremely elevated around t...
Where To Invest To Beat Inflation
Inflating the money balloon getty Inflation seems to be slowing, but predictions are that it will be elevated for a while. Stephen Nelson, president of Birchwood Capital in Vista, Calif., has some ide...
The US inflation slowdown isn’t coming from the Fed’s rate hikes
Recent US inflation data has been a win for team transitory—the economists who predicted that inflation would come down without interest rate hikes. The US consumer price index (CPI) rose by 0.1% from...
Why The Federal Reserve Can’t Solve Food Price Inflation
Federal Reserve Board Chairman Jerome Powell. (Photo by Samuel Corum/Getty Images) Getty Images The Federal Reserve has raised interest rates another 50 basis points, in an attempt to tamp down inflat...
Australia’s $130 Billion Wealth Fund Bets Inflation to Persist
(Bloomberg) — Australia’s sovereign wealth fund is positioning for inflationary pressures to persist around the world, betting that gold and other commodities will offset crimped returns across ...
Repeat It Over and Over Again, Economic Growth Is All About Falling Prices
Economists fear falling prices, which means the pundits they interact with fear falling prices. The basis of the nailbiting within the economics profession has to do with their wholly confused belief ...
Interest Hikes, Inflation, and Stagflation: Watch the Fed in 2023
Inflation has raged over the past year and a half, jumping 7.7% in the 12 months through October. The Federal Reserve responded by raising interest rates. The central bank started in March, though man...
Casino Stocks Stand Out As Inflation Hedges, Las Vegas Plays
Casino stocks could offer flight-to-safety inflation hedges, as odd as it sounds. The property real estate investment trust (REIT) industry is no shining star, ranked in the bottom fourth of industry ...
The stock market is tumbling because investors fear recession more than inflation
A stock-market paradox, in which bad news about the economy is seen as good news for equities, may have run its course. If so, investors should expect bad news to be bad news for stocks heading into t...
Gas below $3 could be days away, heralding the end of today’s white hot inflation — here are 3 stocks Goldman Sachs likes to capitalize on falling prices
Gas below $3 could be days away, heralding the end of today’s white hot inflation — here are 3 stocks Goldman Sachs likes to capitalize on falling prices After a summer of elevated gas prices, e...
Dow Jones Falls On Inflation Data; Tesla Stock Hits New Low Amid Elon Musk Comments
The Dow Jones Industrial Average fell Friday after the early release of November’s personal consumption expenditures data, an inflation gauge watched closely by the Federal Reserve. Tesla stock ...