As economies reopen, people are splurging on things they can post about on Instagram. But that could help cool inflationary pressures as a whole.
The Biden administration's infrastructure, jobs and families plans are expected to boost the US economy, the IMF believes.
The surge in US inflation threatens company valuations and could lead the Fed to cut back on support sooner than expected.
Krugman expects strong inflation to be temporary, but told Insider he's eyeing several indexes and Fed reports for signs of worrying price growth.
White House and Treasury officials have been gaming out inflation risk scenarios and finding only a "transitory" increase, the NYT reports.
Global stocks were mixed, but US futures fluctuated close to all-time highs as investors waited for US inflation data.
Fund managers now see higher-than-expected inflation as the biggest risk to markets, and Google searches for "inflation" have surged to a record high.
Americans who lived through rampant inflation in the 1970s are bracing for much stronger price growth than their younger peers, Deutsche Bank said.
A healthier economy means more demand and higher prices for thinks like houses and healthcare. This inflation doesn't mean the US is overheating.
Pimco said $1.9 trillion in stimulus could boost inflation to above 2% over the next several years, but said prices are unlikely to rocket higher.
Republicans fear overfilling the hole would spur massive inflation. Democrats argue less stimulus could leave the economy - and its recovery - weak.
With all eyes on the US CPI prints on Friday night, US inflation data once again came up short. Annual inflation for July came in at 1.7%, slightly below forecast growth of 1.8% and beneath the US Federal Reserve’s target range of 2-3%. It’s been a key talking point so […]
Economic conditions remain favourable for S&P500 despite the view of many analysts that US stocks look overvalued. That’s according to Morgan Stanley’s US equity strategists, who argue that competing market forces are creating a sweet spot for the US share market. US stocks are continuing to trade at or near […]