Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Thursday, September 17, 2026

The Fed raises interest rates by a quarter-point : NPR

"Inflation remains elevated," Fed policymakers said in a statement. "Today's policy action will support a timelier return to the Committee's 2% goal."

 The U.S. war with Iran has rekindled inflation, pushing oil and gasoline prices higher and driving the price of diesel fuel into record territory. Higher interest rates won't automatically bring lower prices at the pump, but they do signal the central bank's commitment to restoring price stability…

 https://www.npr.org/2026/09/16/nx-s1-5968724/federal-reserve-interest-rates-inflation-economy


 

Warsh defies Trump as Fed hikes rates and signals more to come - POLITICO

Central bankers are increasingly worried that inflation — worsened by soaring oil prices and an artificial intelligence investment boom — is not on a path back to their 2% target…

 https://www.politico.com/news/2026/09/16/fed-rates-trump-warsh-inflation-01079371


Saturday, September 12, 2026

Thursday, September 10, 2026

Trump says Iran war will end ‘immediately’ after midterms - POLITICO

The president accused Iran of escalating the conflict to hurt Republicans in November, as soaring energy prices threaten to deepen voters’ economic concerns…

 https://www.politico.com/news/2026/09/09/trump-iran-war-end-midterms-01069191


 

Oil prices rise above $100 a barrel for first time since July as Iran war escalates

The US military said it had “destroyed” multiple Iranian tankers, after Tehran attempted to strike a US navy warship with ballistic missiles. The exchange came after Iran-backed Houthis attacked four cities in Saudi Arabia the previous night, wounding more than 70 people and setting oil installations ablaze...

 https://www.theguardian.com/business/2026/sep/09/oil-prices-rise-iran-war-brent-crude-inflation-higher-interest-rates 


 

Sunday, September 6, 2026

Surprisingly strong jobs report could set stage for Fed rate hike - POLITICO

Investors are pricing in a good chance of a rate hike this month, several weeks out from the midterm elections, a prospect that’s likely to anger President Donald Trump. But the data also provides him an argument that the economy is holding up well in the face of the war in the Middle East that has pushed up oil prices and fueled inflation...

 https://www.politico.com/news/2026/09/04/jobs-report-fed-rate-hike-01064704 




Sunday, August 30, 2026

Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city

By a 63%-31% margin, residents here oppose tariffs on Canadian goods, according to a June Epic-MRA poll, including 35% of Republicans. Meanwhile, nearly 75% of Michiganders said the tariffs are fueling high prices… 

Regardless, Michiganders have already suffered disproportionately as they pay on average over $3,200 annually for tariffs, or about 142% more than the rest of the country, because of the state’s shared border with Canada…

 https://www.theguardian.com/us-news/2026/aug/28/trump-canada-trade-war-detroit-michigan


 

Purely brainless policy. #isaiahmartin #debate #democrats

 https://www.youtube.com/shorts/nROM3965iXY

Saturday, August 29, 2026

In closely watched speech, Warsh signals Fed may need to raise rates - POLITICO

Any move to increase borrowing costs in September will likely invoke the frustration of President Donald Trump...

 https://www.politico.com/news/2026/08/28/warsh-speech-jackson-hole-fed-rates-01053899


 

Fed Chair Kevin Warsh warns inflation is still too high : NPR

Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading — but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher...

 https://www.npr.org/2026/08/28/nx-s1-5947903/federal-reserve-inflation-jackson-hole-interest-rates



Tuesday, August 25, 2026

High food costs exacerbating hunger for elderly Americans

Inflation in food prices can hit even harder for people in their 60s and older as they also juggle fixed incomes, health problems and changes in federal law. Experts say the age group is a “forgotten population” when it comes to food insecurity…

https://www.kcur.org/environment-agriculture/2026-08-24/older-americans-high-food-prices 









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