Catenaa, Wednesday, May 28, 2025- Nearly 75% of US households say that they are doing financially okay despite inflation and price concerns, a Fed survey showed on Wednesday. Economic Well-Being of US Households in 2024 report by the Federal Reserve showed that 73% of adults reported either doing okay or living comfortably financially, similar to […]

Catenaa, Thursday, June 19, 2025- The US Federal Reserve held interest rates on Wednesday for the fourth meeting in a row but kept a projection for two rate cuts this year. The Fed committee voted unanimously to maintain its benchmark interest rate in the range of 4.25%-4.5%. The Fed has now held rates at that […]

Catenaa, Thursday, July 31, 2025- The US Federal Reserve’s preferred inflation gauge showed price increases accelerated in June as inflation remained above the Fed’s 2% target. The “core” Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.3% from the prior month, in […]

Catenaa, Thursday, August 21, 2025- Most US Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting last month. Officials acknowledged worries over higher inflation and weaker employment, but a majority of the 18 policymakers in attendance “judged the upside risk to inflation as the greater of these two […]

Catenaa, Friday, August 22, 2025- US Federal Reserve Chair Jerome Powell on Friday said that sweeping changes in tax, trade and immigration policies have resulted in the shifting of the balance of risks between employment and stable prices. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader […]

Catenaa, Friday, August 01, 2025- US President Donald Trump on Friday called for the Federal Reserve’s board of governors to assume the power of Fed Chair Jerome Powell if rates are not slashed. If Powell doesn’t “substantially” lower rates, “THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!” Trump said […]

Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]

Catenaa, Tuesday, August 12, 2025- US inflation rose less than expected in July, paving the way for the market expectation of a Federal Reserve rate cut in September. The Consumer Price Index(CPI), on a headline basis, rose less than expected by 2.7%, a tenth lower than expectations for a rise of 2.8%. Meanwhile, markets are […]

Catenaa, Wednesday, June 11, 2025- US consumer inflation rose less than expected in May, official data showed on Wednesday, despite concerns that Trump tariffs would hike prices. The Consumer Price Index rose 2.4% year over year in May, up from a 2.3% annual increase in April, the Bureau of Labor Statistics said. It was the […]

Catenaa, Friday, February 28, 2025- US cost of living rose 2.5% in January over the last 12 months, official data said on Friday, showing a different trend from the Consumer Price Index(CPI), which rose unexpectedly in January. Personal Consumption Expenditures(PCE), as measured by the Bureau of Economic Analysis, rose by 2.5% in January year on year, marking […]

Catenaa, Wednesday, September 10, 2025- US producer prices fell unexpectedly last month, dropping 0.1% from July, official data showed on Wednesday, pulled down by a decline in the costs of services. The Labor Department said that its producer price index, which captures inflation in the supply chain before it hits consumers, showed that wholesale inflation […]

Catenaa, Thursday, August 14, 2025- US stocks fell on Thursday as Wall Street digested a much hotter-than-expected Producer Price Index in July inflation, waning hopes of a September rate cut. The Dow Jones Industrial Average slipped 0.3%, while the benchmark S&P 500  fell 0.1%. The tech-heavy Nasdaq Composite lost 0.1%. Tech stocks such as AMD […]