U.S. inflation

Economist and co-founder of Echelon Wealth Partners, Peter Schiff said that President Donald Trump cannot afford for the Iran war to end if inflation remains elevated, claiming the conflict provides a convenient explanation for rising prices ahead of the midterm elections. Calling the conflict...

Moody’s Analytics Chief Economist Mark Zandi warned that the U.S. economy is growing below its potential, leaving it increasingly vulnerable to rising unemployment, persistent inflation and a broader slowdown. “The economy is growing, but at a rate below its potential, so the situation...

For much of the past year, investors have operated under a simple assumption. Inflation is gradually cooling, the Federal Reserve will eventually pivot to rate cuts, and the economy will settle back into a familiar low-interest-rate environment. Increasingly, the data is pointing in the opposite...

Economist Peter Schiff explains that the inflation threat under President Donald Trump is not just due to his tariff policies and the Iran War, but larger macro issues. On Sunday, Schiff argued on X that tariffs and war are not the main reasons driving inflation more under Trump than under former...

Editor’s note: This article was updated to add more detail and context. The Federal Reserve’s preferred inflation gauge rose further in April as the Strait of Hormuz energy shock continued to reverberate through the broader consumer basket, the Bureau of Economic Analysis reported...

Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlook. The rate...

Editor’s note: This article was updated to add more detail and context. Price pressures intensified further in April as the energy shock from the Strait of Hormuz blockade reverberated across the Consumer Price Index basket. The headline inflation rate climbed from 3.3% year-over-year in...

Editor’s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below...

The conflict in Iran could potentially trigger a surge in inflation and a slowdown in the U.S. economy, cautioned Chicago Federal Reserve Bank President Austan Goolsbee. Goolsbee voiced his concerns at the Detroit Economic Club on Tuesday and noted that the war has already led to a spike...

Matrixport, a crypto service provider overseeing over $3 billion in assets, is out with its latest call on Bitcoin (CRYPTO: BTC) following its decline in August. The company sees potential in purchasing during this downturn but emphasizes the importance of a strict stop loss. On Aug. 15,...