Inflation

By On Monday’s episode (first released on December 16, 2024) of The Excerpt podcast: Why Trump’s plans for U.S. oil drilling are unlikely to cut gas prices and fix inflation, experts told USA TODAY. USA TODAY Personal Finance Reporter Daniel de Visé talks through how to become a 401(k) millionaire. The U.S. deploys resources on drone sightings. USA TODAY…

By GDP grows at slower rate in 2025 and 2026Dr. Bill Conerly using historical data from U.S. Bureau of Economic AnalysisThe economic forecast for 2025 shows growth, but at a slower pace than 2024. Inflation will remain above the Federal Reserve’s target, with President-elect Trump’s policies limiting production while stimulating spending. The greatest risk is…

By The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are expected to boost growth and lift inflation.Trading volumes were light on Thursday with many traders on holiday after Wednesday’s Christmas holiday and before next week’s New Year holiday.Looser…

By The traditional English carol “The Twelve Days of Christmas” has long been a favorite during the holiday season, standing the test of time through the centuries and inspiring amusing parodies like Bob Rivers’ “Twelve Pains of Christmas.” But the song – which counts up from Christmas to Epiphany on Jan. 6 – has also…

By Inflation concerns are rising again, potentially slowing the pace of monetary easing.gettyInflation concerns are on the rise again. The Federal Reserve’s latest Summary of Economic Projections showed central bank officials see inflation potentially ending in 2025 at 2.5%, above their previous forecast of 2.1% and higher than their 2% target. There is a growing…

By Inflation concerns are rising again, potentially slowing the pace of monetary easing.gettyInflation concerns are on the rise again. The Federal Reserve’s latest Summary of Economic Projections showed central bank officials see inflation potentially ending in 2025 at 2.5%, above their previous forecast of 2.1% and higher than their 2% target. There is a growing…

By More From ForbesDec 21, 2024,03:21pm ESTA Financial Guide To Keep More Of Your Spousal Inheritance”,”scope”:{“topStory”:{“index”:2,”title”:”A Financial Guide To Keep More Of Your Spousal Inheritance”,”image”:”https://specials-images.forbesimg.com/imageserve/6766e3b3810e4d0810d27e74/290×0.jpg?cropX1=0&cropX2=986&cropY1=50&cropY2=605″,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 21, 2024″,”hourMinute”:”10:51″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1734796261545},”uri”:”https://www.forbes.com/sites/jbrewer/2024/12/21/a-financial-guide-to-keep-more-of-your-spousal-inheritance/”}},”id”:”4i1no4dp0eco00″},{“textContent”:”Dec 21, 2024,10:00am ESTAt Least The Government Didn’t Close, Which Is Critical To Millions”,”scope”:{“topStory”:{“index”:4,”title”:”At Least The Government Didn’t Close, Which Is Critical To Millions”,”image”:”https://specials-images.forbesimg.com/imageserve/676635bb91552c7e5aa9e022/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 20, 2024″,”hourMinute”:”10:28″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1734751708589},”uri”:”https://www.forbes.com/sites/eriksherman/2024/12/20/at-least-the-government-didnt-close-which-is-critical-to-millions/”}},”id”:”b255o01hp45400″},{“textContent”:”Dec 20, 2024,01:30pm ESTThis…

By More From ForbesDec 18, 2024,05:15pm ESTUnderstanding Why Networks Of Competence Crush Hierarchies Of Authority”,”scope”:{“topStory”:{“index”:2,”title”:”Understanding Why Networks Of Competence Crush Hierarchies Of Authority”,”image”:”https://specials-images.forbesimg.com/imageserve/675ec2baf0dc8429d5aa4889/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 18, 2024″,”hourMinute”:”04:05″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1734555907164},”uri”:”https://www.forbes.com/sites/stevedenning/2024/12/18/understanding-why-networks-of-competence-crush-hierarchies-of-authority/”}},”id”:”1ko74h91e0qo00″},{“textContent”:”Dec 18, 2024,03:29pm ESTWhy The Next Trump Administration May Prioritize City-Level Diplomacy”,”scope”:{“topStory”:{“index”:4,”title”:”Why The Next Trump Administration May Prioritize City-Level Diplomacy”,”image”:”https://specials-images.forbesimg.com/imageserve/67630bf616ab075feb3f0b43/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 18, 2024″,”hourMinute”:”01:02″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1734544976944},”uri”:”https://www.forbes.com/sites/kristenkaufman/2024/12/18/why-the-next-trump-administration-may-prioritize-city-level-diplomacy/”}},”id”:”3fcgjjbl73r800″},{“textContent”:”Dec 18, 2024,12:45pm ESTPeacemaking In 2025: 12 Tips For Helping…

By The Federal Reserve cut interest rates by a quarter percent Wednesday, as widely expected, but set a cautious course for lower interest rates in 2025.The Federal Open Market Committee voted to reduce the federal funds rate to a target range of 4.25% to 4.5%, marking the third rate cut since September. But the committee’s…