3+ hour, 2+ min ago  (810+ words) WASHINGTON " Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded?...

5+ day, 3+ hour ago  (426+ words) BUENOS AIRES, Argentina " Argentina's inflation slowed for the second straight month in May, economic data released Thursday showed, providing some welcome news for President Javier Milei after almost a year of stubbornly persistent price increases that threatened to undermine the…...

6+ day, 11+ hour ago  (476+ words) Prices rose 4. 2% for the year ending in May as inflation hit a three-year high, the government said Wednesday in a report that underscored the impact of war-related shocks to energy costs. The Consumer Price Index rose 0. 5% for the month, which…...

6+ day, 12+ hour ago  (509+ words) Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4. 2% in May from a…...

2+ week, 3+ day ago  (660+ words) NEW YORK " Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs. Prices for those red orbs have soared more than any other food product…...

2+ week, 4+ day ago  (155+ words) I've written for more than 40 years about the "reserve currency curse: America's heavy burden of supplying the world's "reserve currency. By devaluing the U. S. dollar from about 1/20th of an ounce of gold under President George Washington to less than 1/4, 000th of an…...

2+ week, 5+ day ago  (779+ words) Jobs, spending, wealth and manufacturing still point toward growth Worried about the economy? Don't be. Here's why. Inflation spikes will be temporary Everyone is worried about the impact of the Iranian war on energy prices. But even at the height…...

2+ week, 5+ day ago  (459+ words) WASHINGTON " A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans" finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3. 8% in April…...

2+ week, 6+ day ago  (574+ words) High costs for beef products have taken a toll on the barbecue industry in Texas, leading some restaurants to close. The price of beef for producers last month was 14. 2% higher year over year, according to the National Restaurant Association. Meanwhile,…...

3+ week, 6+ hour ago  (880+ words) Talking about reducing the balance sheet easier than doing it Kevin Warsh's reforms at the Federal Reserve may prove more form than substance. He can tap down forward guidance " Fed policymakers' ruminations about the future direction of interest rates " by…...