On June 30, 2025, President Donald Trump sent a handwritten note to Federal Reserve Chair Jerome Powell, urging him to lower interest rates significantly, accusing him of costing the U.S. “a fortune” by maintaining rates at 4.25%–4.5%. The note, written in Trump’s signature black Sharpie on a chart ranking global central bank rates, read: “Jerome, … Read more
Mario Centeno, a European Central Bank (ECB) Governing Council member and outgoing Bank of Portugal governor, stated in a June 22, 2025, interview with Italy’s La Stampa that the euro-area economy remains weak and requires “further stimulus” from the ECB to achieve stable 2% inflation. Despite eight interest rate cuts in the past year, Centeno … Read more
Federal Reserve’s June 2025 Meeting Unlikely to Spark Stock Market Breakout June 16, 2025 – Investors are bracing for the Federal Reserve’s two-day meeting starting June 17, but expectations are low that it will propel U.S. stocks to new highs. According to MarketWatch, uncertainty surrounding the U.S. economy, inflation, and interest rates is likely to … Read more
Walmart Points Uncommon Warning: US Commerce Conflict Drives Value Hikes on Necessities Might 16, 2025 – Bentonville, Arkansas Walmart, the world’s largest retailer with a $750 billion market cap, has issued an unprecedented warning to its 150 million weekly prospects: costs for items from bananas to automobile seats are rising on account of escalating tariffs … Read more
Social Security COLA for 2026 Projected at 2.4%, Lowest in Five Years WASHINGTON, D.C., May 14, 2025 – The Social Security cost-of-living adjustment (COLA) for 2026 is projected to be 2.4%, according to the latest estimate from The Senior Citizens League (TSCL), a nonpartisan senior advocacy group. This forecast, based on April 2025 Consumer Price … Read more
Shopper sentiment grew even worse than anticipated in April because the anticipated inflation stage hit its highest since 1981, a intently watched University of Michigan survey confirmed Friday. Shopper Sentiment Plummets in April as Inflation Fears Soar, College of Michigan Survey Reveals **Ann Arbor, MI – April 12, 2025, 11:29 AM PDT** – Shopper confidence … Read more
Your input, “Inflation rate eased to 2.8%,” aligns with recent data from February 2025, as noted in the search results, where the U.S. inflation rate dropped to 2.8% for the 12 months ending February, down from 3.0% in January. However, since it’s now April 10, 2025, 07:28 AM PDT, and the next Consumer Price Index … Read more
Watch Fed Chair Jerome Powell Speak Live on Interest Rates and Tariffs Amid Economic Turmoil April 7, 2025 — Federal Reserve Chair Jerome Powell is set to address the nation today, Monday, April 7, at 10:00 a.m. PDT, delivering critical remarks on interest rates and the fallout from President Donald Trump’s sweeping tariffs. The live … Read more
An individual browses a grocery retailer following the announcement of tariffs on Canadian and Mexican items by U.S. President Donald Trump, in Toronto, Ontario, Canada March 4, 2025. Arlyn Mcadorey | Reuters With considerations working excessive that President Donald Trump’s tariff insurance policies will irritate inflation, a report Wednesday might ship some mildly encouraging information. … Read more
Individuals’ Common Credit score Card Steadiness Hits $6,580: What It Means for Customers credit card balance – In 2025, the typical bank card stability for Individuals has reached a regarding new excessive of $6,580. This determine highlights a rising development of bank card debt that’s changing into tougher for a lot of to handle. With … Read more