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Why is beef so expensive? And can consumers expect lower prices anytime soon? ‘It’s got to get worse – Butler Eagle
27+ min ago (1799+ words) A quick stop at the grocery store, your local hot dog stand or favorite Italian beef spot and you may experience some genuine sticker shock. Almost $8.50 for a pound of ground beef? $6.99 for a Chicago dog? $13.65 for an Italian beef?...
Economists See Lower Recession Risk: Will Fed Still Hike Interest Rates? | Editor's Pick Federal Reserve | CryptoRank.io
1+ hour, 46+ min ago (667+ words) get up to $5000 bonus on 4 deposits + 100 Free spins US economists lowered their recession odds to 25% while raising inflation forecasts, according to a Wall Street Journal survey, leaving the Federal Reserve little room to cut interest rates this year. The shift…...
Inflation Week – Heisenberg Report
3+ hour, 46+ min ago (755+ words) It’s inflation week in the US, where the BLS is expected to tell American households that consumer prices as measured by the broad, all-items gauge fell slightly in June from the prior month. Consensus expects a marginal MoM decline for…...
U.S. headline CPI to drop to 3.9% in June, Daniel Lacalle expects
1+ hour, 59+ min ago (362+ words) Traders Union U.S. headline CPI to drop to 3.9% in June, Daniel Lacalle expects Daniel Lacalle, chief economist and investment manager at Tressis Gestion, highlights that Bloomberg Economics forecasts headline CPI for June will fall by 0.07%, compared with a 0.47% increase previously. The…...
Why mortgage rates don’t follow the OCR
44+ min ago (842+ words) The Reserve Bank has begun raising the OCR — but Bernard Hickey is not convinced it needed to move just yet. He joins Nadine Higgins on The Prosperity Project to explain why, Keacy Carty made the Black Caps pay in Guyana....
‘Doesn’t feel right’ - Bernard Hickey on raising interest rates - The Prosperity Project
42+ min ago (462+ words) Raising interest rates while youth unemployment sits at a 30-year high “doesn’t feel right”, according to economic commentator Bernard Hickey. Hickey, founder of The Kākā, told Nadine Higgins on The Prosperity Project podcast that the Reserve Bank could have waited…...
Balancing act: Why RBNZ’s rate rise may hurt before it helps
44+ min ago (88+ words) Meanwhile Rich List lender offers unsecured creditors 15 to 17 cents in the dollar. A focus on security as India and NZ elevate their relationship during Modi's visit. From broker calls and Nokia phones to mobile trading and global markets, investor expectations…...
Frost Bank opens first Kerrville branch, leans on organic growth and old ties – The Kerr County Lead
1+ hour, 17+ min ago (604+ words) Frost Bank has opened its first branch in Kerrville, part of a statewide expansion strategy the bank says it has deliberately built without buying up competitors. Kevin Thompson, Frost’s Boerne market president and lead for Hill Country expansion, and Kyle…...
Heating Oil Rallies 11.6% as Bonds Sell Off for Second Week and Metals Turn Mixed |
3+ hour, 27+ min ago (376+ words) Heating oil surges 11.6% while bonds decline for a second week amid rising rates. Metals end mixed with copper gaining and silver pulling back. Existing Home Sales (EXHOSLUSM495S) 4.09M -100K (-2.39% m/m) Existing Home Sales continue chopping along the lows. A “BOOMING” value for this…...
Everyday Economics: Inflation may have peaked. That does not mean the Fed is ready to cut
49+ min ago (860+ words) The U.S. housing market remains stuck, with home sales, new listings, and inventory showing little improvement compared to last year. While many expected a stronger recovery in 2026, economists say high mortgage rates, weak job mobility, aging demographics, and restrictive housing policies…...