Your Pulse On America: Live And Unfiltered
Customers shop for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas. Brandon Bell | Getty Images A gauge of wholesale prices rose in January, indicating that pipeline inflation pressures are persisting and likely keeping the Federal Reserve on the sidelines regarding interest rate cuts. The producer price index, which measures…
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images The January consumer price index report is likely to tell a familiar story: Another…
People shop at a Whole Foods store on Feb. 3, 2025 in New York City. Michael M. Santiago | Getty Images Consumers grew dramatically more worried about near-term inflation as President Donald Trump pushed aggressive tariffs against major U.S. trading partners, a closely watched survey showed Friday. The University of Michigan consumer survey for February…
Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since the newly inaugurated president told business leaders he would demand the central bank lower interest rates. Speaking after the Fed’s decision to hold interest rates steady, Powell said he has had “no contact” with the president since Trump’s remarks…
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central bank’s Federal Open Market Committee left unchanged its overnight borrowing rate in a range between…
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump’s comments on Thursday that he’ll “demand that interest rates drop immediately.” So far, the central bank has moved slowly to recalibrate policy after hiking its key benchmark 5.25 percentage points between 2022 and 2023 in an…
Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform Hopper this month said domestic “good deal”…
A measure of wholesale prices increased less than expected in December, providing indication that pipeline inflation pressures eased to close the year though likely not enough to provoke another Federal Reserve interest rate cut anytime soon. The producer price index rose just 0.2% on the month, less than the 0.4% increase in November and below…