inflation

Consumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.

Tax cuts don’t seem to be juicing the economy as promised.

The preliminary snapshot released earlier in the month was dismal, comparable to levels not seen since the huge post-COVID inflation spike.

The war in the Middle East is pushing up short-term government yields, on expectations that the Fed is increasingly likely to hike interest rates over the next two years.

And the war in the Middle East is to blame.

Just how many “transitory” inflation events does it take before inflation becomes persistent?

Inflation is the biggest challenge for 16% of respondents to a survey from the National Federation of Independent Business, the highest share in over a year.

Until ships start moving through the Strait of Hormuz, prices for oil and a range of related goods will likely keep rising. The question is, how long will it take them to come down again?

Since the pandemic, men are getting their hair cut less often.

In Iran, inflation is soaring, food prices are spiking, and over a million people have lost their jobs.