Earlier this month, the Federal Reserve raised interest rates by 0.75% to a range of 3.75% to 4%. The Fed expects rates to top out between 4.5% and 4.75% in 2023. Others, such as Goldman Sachs, ...
On May 5, a USA Today headline read: “Oil Prices Hit Highest Since Sept. 1990.” The story glumly reported, “oil traded for more than $39 a barrel last week … the highest closing price since 1990 and ...
Inflation-protected refers to types of investments that provide protection against inflation or the rise in prices of goods and services.
Market frustration with the November Consumer Price Index is not about how low inflation printed. It’s about whether the number can be trusted at all. The report showed that annual CPI inflation ...
Recent speculation of a more hawkish Fed is based on headline data, but deeper data suggests a cut in June. Headline CPI data showed inflation higher than expected, causing concerns about the Fed ...
In an article I wrote in October 2024, titled Milton Warned Us... Inflation Is Far From Dead, I argued that the official Consumer Price Index (CPI) understates true inflation and that gold serves as a ...
Here's a little twist for those who like to focus on fundamentals and economic forces when predicting the stock market. When inflation runs hot, it benefits stocks overall, and the opposite is true.
Social Security's 8.7% cost-of-living adjustment (COLA) for 2023 is the largest on a percentage basis in 41 years. With a key monthly expense declining for most seniors in 2023, Social Security's COLA ...
This year should prove once and for all that gold is definitely the preferred hedge against inflation and, for global institutional investors, a better way to play against declining dollar values.
Much of that pushback is partisan. Donald Trump described Friday’s jobs report, in which the unemployment rate rose — wait for it! — to 3.87% from 3.83%, as “horrible,” and I’m sure that many ...
While the Federal Reserve faces a longer road to get inflation down to 2%, a holiday season inflation gauge is well above the dual mandate target. For the last 41 years, PNC has been calculating the ...
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